AMT/MAT in itr
Tina Jain (CA) (250 Points)
31 July 2019AMT column is coming with amt of total income, eventhough that is not applicable to assessee. kindly help
rishabhsharma
(Article Assistant)
(140 Points)
Replied 31 July 2019
Originally posted by : Tina Jain | ||
In Acknowledgement, while filing itr AMT column is coming with amt of total income, eventhough that is not applicable to assessee. kindly help |
Form AY 2019-20 onward, Schedule AMT automatically picks the amount of Total income.
Till AY 2018-19, AMT was applicable if assessee has income from business and profession. but from AY 2019-20, AMT is applicable for all type of income.
You can check govt. utility.
Thanks
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