Income Tax Bill 2025: AMT Expansion May Increase Tax Burden on LLPs and Partnership Firms

Last updated: 21 March 2025

The Income-Tax Bill, 2025, has proposed significant changes to the alternative minimum tax (AMT) framework, potentially increasing the tax burden on partnership firms and limited liability partnerships (LLPs) with long-term capital gains (LTCG). The proposed amendments aim to remove preferential tax

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