https://www.taxtmi.com/acts?id=12144 LLPs whose regular income-tax is less than the alternate minimum tax must pay tax on their adjusted total income; adjusted total income is total income before this Chapter increased by deductions under Chapter VI-A (C) and section 10AA. A certified accountant's report must be furnished by the return due date. AMT paid gives rise to a tax credit equal to the excess of AMT over regular tax, carryable for up to ten assessment years and set off when regular tax exceeds AMT, with adjustments if tax is varied by order. en-us Sat, 09 Apr 2011 12:44:53 +0530 Sat, 09 Apr 2011 12:44:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12144 LLPs whose regular income-tax is less than the alternate minimum tax must pay tax on their adjusted total income; adjusted total income is total income before this Chapter increased by deductions under Chapter VI-A (C) and section 10AA. A certified accountant's report must be furnished by the return due date. AMT paid gives rise to a tax credit equal to the excess of AMT over regular tax, carryable for up to ten assessment years and set off when regular tax exceeds AMT, with adjustments if tax is varied by order. Act-Rules F. Acts / Amendment Acts Sat, 09 Apr 2011 12:44:53 +0530 https://www.taxtmi.com/acts?id=12144