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<h1>Form 29C: Key for Calculating Alternate Minimum Tax for LLPs Under Section 115JC of Income-tax Act, 1961</h1> Form No. 29C is a report under section 115JC of the Income-tax Act, 1961, used for computing the adjusted total income and alternate minimum tax for entities other than companies, such as limited liability partnerships. The form requires examination of the assessee's accounts and records to determine the adjusted total income and tax payable. It must be certified by a chartered accountant or an authorized auditor. The report includes details like the assessee's name, address, PAN or Aadhaar number, assessment year, total income, deductions, and the calculated alternate minimum tax, which is 18.5% of the adjusted total income.
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