Exemption reference clarification narrows section ten exclusions, altering the Explanation's treatment for minimum alternate tax calculation. Amendment to the Explanation to section 115JB narrows references to section 10 by expressly excluding the provisions contained in clause (23G), altering ... Summary
Exemption reference clarification narrows section ten exclusions, altering the Explanation's treatment for minimum alternate tax calculation.
Amendment to the Explanation to section 115JB narrows references to section 10 by expressly excluding the provisions contained in clause (23G), altering which section 10 exemptions are treated within the Explanation for minimum alternate tax calculation.
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