Please Help: MAT Credit omitted to be carried forward in last year, can it be claimed now??
Posted Date : 28-Mar-2012 , 12:14:16 pm | Posted By: Dilbagh Singh
Category :
Income Tax | Answers :
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Can we claim the MAT Credit in Current Year if it was not claimed for the last two years. The assessee had MAT Credit in 2008-09 but the MAT credit was omitted to be carried forward for the last two years. Now we want to claim the MAT credit for year 2011-12. Is the possible or should we file rectification u/s 154 for the last two years?? |
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Answers:
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Answer by: CA Satuti Mahajan |
yes, it can be claimed now.
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Answer by: Rambabu Senkarasetti |
Yes
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Answer by: Rambabu Senkarasetti |
Yes
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