https://www.taxtmi.com/manuals?id=1204 Alternative Minimum Tax under Section 115JC applies to non-corporate assessees when normal tax is lower than AMT; LLPs and firms are fully subject without an income ceiling. Applicability is linked to claiming specified incentive-related deductions or benefits, while a statutory amendment excludes persons who have opted into certain alternate tax regimes or whose tax is computed under the prescribed optional computation route. en-us Wed, 23 Sep 2015 16:00:00 +0530 Fri, 17 May 2024 16:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1204 Alternative Minimum Tax under Section 115JC applies to non-corporate assessees when normal tax is lower than AMT; LLPs and firms are fully subject without an income ceiling. Applicability is linked to claiming specified incentive-related deductions or benefits, while a statutory amendment excludes persons who have opted into certain alternate tax regimes or whose tax is computed under the prescribed optional computation route. Manuals Income Tax Wed, 23 Sep 2015 16:00:00 +0530 https://www.taxtmi.com/manuals?id=1204