income tax return

104 views 1 replies
if firm income 6 cr and capital gain is zero,add all other detail then refund is 8000 but confusion that AMT is applicable or not????
Further please gulid that when AMT is applicable????
Replies (1)
when tax payable under normal provisions of the act is less than 18.5% of the adjusted total income of the firm, amt need to be paid by the firm


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