Mat credit
CA Siddhi (PRACTICE) (257 Points)
28 December 2011CA Siddhi (PRACTICE) (257 Points)
28 December 2011
ashish gupta
( student)
(1922 Points)
Replied 28 December 2011
MAT credit is available after adding surcharge and cess i.e. differnce of actual tax payable.
No specific case law needed as the language itself is clear which speaks about tax paid and payable