Urgent answer need,
Whether I need to consider the following two items while computing MAT credit
Surcharge
Cess
Pls give the reference also
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Mat credit computation
Replies (2)
Yes MAT credit is generated includin Surcharge as well as cess in the normal tax and MAT.
Thanks
Yes, agree with Mr. Sandeep, both Surcharge and EC is applicble on MAT
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