Income-tax Act, 1961

Section - 115JF - Interpretation in this Chapter

Interpretation in this Chapter.

115JF. In this Chapter-

(a) - "accountant" shall have the same meaning as in the Explanation below sub-section (2) of section 288;
(b) - "alternate minimum tax" means the amount of tax computed on adjusted total income,-
(i) - in case of an assessee being a unit referred to in clause (i) of sub-section (4) of section 115JC, at the rate of nine per cent;
(ia) - in case of an assessee, being a co-operative society referred to in clause (ii) of sub-section (4) of section 115JC, at the rate of fifteen per cent;
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