Amt for individuals
This query is : Open
25 March 2013
Sir,
my query is about the applicability of Alternate Minimum Tax on Individuals & HUF.
is it applicable on above if yes then kindly give me the complete clarification on Such above matter and also give the Circular OR Notification no. link for Verification.
Thanks
my query is about the applicability of Alternate Minimum Tax on Individuals & HUF.
is it applicable on above if yes then kindly give me the complete clarification on Such above matter and also give the Circular OR Notification no. link for Verification.
Thanks
25 March 2013
No Applicable to Individual and HUF
25 March 2013
But mam when i was trying to fedd the dta of an individual in computax for A.y. 2013-14, its showing the Applicablity criteria of AMT.
Kindly Specify and duscharge the qyery.
thanx
Kindly Specify and duscharge the qyery.
thanx
26 March 2013
as per finance act,2011 AMT applicable on llp only, now as per finance act,2012 AMT is applicable on all assessee except companies.
not applicable on companies because MAT is appicable on companies.
not applicable on companies because MAT is appicable on companies.
26 March 2013
you are right that A/Y 2013-14 data showing the applicable criteria of AMT because from A/Y 2013-14 it is applicable on individual & huf also. according to finance act,2012
01 July 2013
thanx bro but i need the related circular or notification released for it.
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