The provisions of AMT under Chapter XII-BA shall not apply to an individual, a HUF, etc., if the adjusted total income of such person does not exceed :

CS Executive · Tax Laws and Practice · PYQS · June 2018
The provisions of AMT under Chapter XII-BA shall not apply to an individual, a HUF, etc., if the adjusted total income of such person does not exceed :
(A) ₹10,00,000
(B) ₹25,00,000
(C) ₹5,00,000
(D) ₹20,00,000

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Income Tax Act, 1961

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