TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Finance Bill 2012 amends Section 115JD, expanding alternate minimum tax credit eligibility from LLPs to all individuals.</h1> Clause 49 of the Finance Bill, 2012 amends section 115JD of the Income-tax Act, which pertains to tax credit for alternate minimum tax. The amendment replaces the reference to 'a limited liability partnership' with 'a person' under section 115JC, allowing tax credit for any individual paying alternate minimum tax. This change is effective from April 1, 2013, and applies to the assessment year 2013-2014 and subsequent years.
TaxTMI 
TaxTMI 
