MAT or set off of carry forward loss against profit

R.V.Durga Prasad (Student) (92 Points)

11 March 2019  
Hi all,

my query is one of my friends client is having carry forward losses for an amount of 90 lakhs.

current year books shows profit, whether they can adjust the profit to brought forward losses or MAT will be applicable.

Please help me here

Thanks in advance

Prasad