https://www.taxtmi.com/acts?id=38079 Amendment to section 115JB substitutes a lower fixed minimum alternate tax rate in subsection (1) for the previous year relevant to assessment years commencing on or after 1 April 2020 and, by replacing subsection (5A), excludes income of companies from life insurance business and persons who have exercised specified option provisions from the operation of section 115JB. en-us Fri, 13 Dec 2019 12:23:54 +0530 Fri, 13 Dec 2019 12:23:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=38079 Amendment to section 115JB substitutes a lower fixed minimum alternate tax rate in subsection (1) for the previous year relevant to assessment years commencing on or after 1 April 2020 and, by replacing subsection (5A), excludes income of companies from life insurance business and persons who have exercised specified option provisions from the operation of section 115JB. Act-Rules F. Acts / Amendment Acts Fri, 13 Dec 2019 12:23:54 +0530 https://www.taxtmi.com/acts?id=38079