https://www.taxtmi.com/news?id=13031 The amendment requires that investment linked deductions claimed under section 35AD be added back to total income for the purpose of computing adjusted total income under the alternate minimum tax regime, while reducing allowable depreciation under section 32 in that computation, thereby altering the taxable base for AMT and applying to assessment years from 2015 16 onwards. en-us Sun, 13 Jul 2014 16:21:25 +0530 Sun, 13 Jul 2014 16:21:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13031 The amendment requires that investment linked deductions claimed under section 35AD be added back to total income for the purpose of computing adjusted total income under the alternate minimum tax regime, while reducing allowable depreciation under section 32 in that computation, thereby altering the taxable base for AMT and applying to assessment years from 2015 16 onwards. News - Sun, 13 Jul 2014 16:21:25 +0530 https://www.taxtmi.com/news?id=13031