22 June 2013 trust is AOP. But AMT is applicable if Income Exceeds Rs. 20 Lakh as per Section. But the Smart Tax Software applies AMT on income Of Rs. 160000/- of trust & not seekuing exemption .

CA Kapil Verma

CA Kapil Verma (Expert)
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22 June 2013 your software is taking is wrong, contact its customer care or you can directly fill the excel utility of income tax website.

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