https://www.taxtmi.com/acts?id=23565 Section 115JD is amended to provide that where foreign tax credit allowed against AMT exceeds the credit admissible against the regular income-tax, the excess shall be ignored in computing the credit under the section, and the carryforward period for such tax credit is extended from ten assessment years to fifteen assessment years, effective 1 April 2018 and applicable from the assessment year 2018-19 onward. en-us Wed, 01 Feb 2017 17:53:12 +0530 Wed, 01 Feb 2017 17:53:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23565 Section 115JD is amended to provide that where foreign tax credit allowed against AMT exceeds the credit admissible against the regular income-tax, the excess shall be ignored in computing the credit under the section, and the carryforward period for such tax credit is extended from ten assessment years to fifteen assessment years, effective 1 April 2018 and applicable from the assessment year 2018-19 onward. Act-Rules Bill Wed, 01 Feb 2017 17:53:12 +0530 https://www.taxtmi.com/acts?id=23565