https://www.taxtmi.com/acts?id=10128 Amendment revises the minimum alternate tax computation by changing the base date to 1 April 2007, increasing the specified percentage to ten per cent, and altering the Explanation to include depreciation debited to the profit and loss account (excluding revaluation depreciation) and withdrawals from revaluation reserve credited to profit and loss account-limited to the corresponding revaluation depreciation-as adjustments in computing book profit, together with updated cross references to exempt income provisions. en-us Wed, 22 Oct 2008 17:13:04 +0530 Wed, 22 Oct 2008 17:13:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10128 Amendment revises the minimum alternate tax computation by changing the base date to 1 April 2007, increasing the specified percentage to ten per cent, and altering the Explanation to include depreciation debited to the profit and loss account (excluding revaluation depreciation) and withdrawals from revaluation reserve credited to profit and loss account-limited to the corresponding revaluation depreciation-as adjustments in computing book profit, together with updated cross references to exempt income provisions. Act-Rules F. Acts / Amendment Acts Wed, 22 Oct 2008 17:13:04 +0530 https://www.taxtmi.com/acts?id=10128