Can we Set off MAT liability out of TDS in the following Example or have to pay MAT in cash?
Book Profit - 6000
Tax Profit - 5000
TDS - 10000
1 Replies
Manmohan ACA, CS
(Chartered Accountant )
(14243 Points)
Replied 29 November 2010
Set off MAT liability out of TDS
Tax payable Nil
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