https://www.taxtmi.com/acts?id=10688 Amendment updates the base date and increases the minimum alternate tax rate in section 115JB and inserts in Explanation 1 that amounts set aside as a provision for diminution in the value of any asset are to be treated among specified debits reducing book profit for computing tax under that provision, with the substitution given retrospective effect for the Explanation. en-us Tue, 04 Aug 2009 17:25:45 +0530 Sat, 08 Aug 2009 13:37:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10688 Amendment updates the base date and increases the minimum alternate tax rate in section 115JB and inserts in Explanation 1 that amounts set aside as a provision for diminution in the value of any asset are to be treated among specified debits reducing book profit for computing tax under that provision, with the substitution given retrospective effect for the Explanation. Act-Rules F. Acts / Amendment Acts Tue, 04 Aug 2009 17:25:45 +0530 https://www.taxtmi.com/acts?id=10688