Re: MAT credi

addition is made vide section 115JB if tax is paid under VSVS will the increased MAT be allowed to be carried forward
Income is not disturbed as per normal income

Please refer Circular no. 9 dt 22-4 -2020   Q. No. 53 and answer given by the CBDT, it has been clarified that  CBDT will prescribe the  manner of  calculation in such cases . It seems the CBDT has not prescribed , however by reading Rule 9 &10 together and as there is no express bar in the Act ,  according to us the increased MAT may be allowed to be Carried forward .    

 

---