Tax credit for alternate minimum tax

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.... allowed under sub-section (1) shall be the excess of alternate minimum tax paid over the regular income-tax payable of that year. 3[Provided that where the amount of tax credit in respect of any income-tax paid in any country or specified territory outside India under section 90 or section 90A or section 91, allowed against the alternate minimum tax payable, exceeds the amount of the tax credit ....

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....the alternate minimum tax and the balance of the tax credit, if any, shall be carried forward. (6) If the amount of regular income-tax or the alternate minimum tax is reduced or increased as a result of any order passed under this Act, the amount of tax credit allowed under this section shall also be varied accordingly. 6[(7) The provisions of this section shall not apply to a person, where-- ....