Amt applicability
This query is : Resolved
17 June 2013
no its not applicable on salary person
Message likes :
1 times
17 June 2013
Agree with Expert.
Salary is not covered under AMT.
Salary is not covered under AMT.
Message likes :
1 times
18 June 2013
it was applicable on LLP only till A.Y 2012-13.
but for A.Y 2013-14 and onward it applicable to all:-
1. LLp
2. Any other firm
3. Individual, HUF, AOP, BOI, Artificial Juridical Person.(if income exceed 20 Lacs)
4. Any other person (not being a company)
Please refer sec 115JC to 115JF of incoem tax act.
but for A.Y 2013-14 and onward it applicable to all:-
1. LLp
2. Any other firm
3. Individual, HUF, AOP, BOI, Artificial Juridical Person.(if income exceed 20 Lacs)
4. Any other person (not being a company)
Please refer sec 115JC to 115JF of incoem tax act.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Price inclusive or exclusive of GST while made entry in P& L Account
- Minimum tax payable to file Updated return
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- Applicability of GST on Salary Reimbursement Component
- Tds on commission charges
- Dep. as per companies act
- Salary from Qatar in Dollars in India
- GST ISSUE OF INPUT AND OUTPUT GST
- Tax rate change regarding
- UDIN ISSUE
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
Quick Links
22 September 2026
Account Assistant
Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
View Details
Featured
12 September 2026
Assistant Manager - Finance & Compliance
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
ARTICLESHIP
07 September 2026
Article/ Paid Assistant
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
View Details
ARTICLESHIP
07 September 2026
CA Articles
Kothari Jain Patil & Chartered Accountants
Pune
CA Inter
View Details
CCI
Pro
CAclubindia
