If an assessee has brought forward credit of AMT of Rs. 100 and in FY 2018-19, no AMT is applicable to the assessee. Tax payable as per normal provisions is Rs. 20. How much credit can be utilised to pay tax.
If an assessee has brought forward credit of AMT of Rs. 100 and in FY 2018-19, no AMT is applicable to the assessee. Tax payable as per normal provisions is Rs. 20. How much credit can be utilised to pay tax.