The Provisions of AMT (Alternate Minimum Tax) is under chapter XII-BA shall apply to an Individual or HUF or an association of persons if the adjusted total income of such persons exceeds:

CS Executive · Tax Laws · PYQS · June 2024
The Provisions of AMT (Alternate Minimum Tax) is under chapter XII-BA shall apply to an Individual or HUF or an association of persons if the adjusted total income of such persons exceeds:
(A) ₹ 10,00,000
(B) ₹ 15,00,000
(C) ₹ 20,00,000
(D) ₹ 25,00,000

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Income Tax

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