alleryStart learning →Section 115JC (AMT) applies to which kind of assessee?
AA domestic company
BA foreign company
CNon-company person
DA life insurer
Answer & Solution
Correct answer: C. Non-company person
AMT is the counterpart of MAT for persons that are not companies, such as firms and LLPs.
Keep practising Special Tax Regimes for Companies
Browse all Special Tax Regimes for Companies questions for CA Final, or explore more Taxation topics.
Related questions
What do tax havens do, in the context of tax avoidance?Bilateral double taxation treaties aim to avoid what outcome?A General Anti-Avoidance Rule is aimed at which behaviour?Tax avoidance differs from tax evasion in that avoidance is what?Which companies can opt for section 115BAA?From which assessment year does section 115BAA apply?Under 115BAA, how is loss from barred deductions treated later?What depreciation can a 115BAA company not claim under section 32?