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
Join CCI Pro

Category Income Tax   Report

Comment   Share
  3633 Views
Comments

Recent News :

  1. CBDT Amends Form 27EQ: TCS Now Applicable on Luxury Goods and Collectibles
  2. CBIC Amends Customs Circular to Replace 'Certificate of Origin' with 'Proof of Origin' under CAROTAR, 2020
  3. Over 25,000 Fake Firms Detected for Rs 61,545 Crore ITC Fraud in FY 2024-25
  4. ICAI Strengthens Fight Against Financial Fraud Through Strategic National Collaborations
  5. RBI Issues New Guidelines: Minors Above 10 years Can Now Operate Bank Accounts Independently
  6. ICAI Signs MoU with CAG to Boost Capacity of PSU Audit Officers
  7. UAE-Based NRI Gets Rs 2.84 Crore GST Notice for Fake Firm, Alleges PAN Misuse
  8. GST Fraud of Over Rs 100 Crore Busted: Commerce Graduate Arrested
  9. Form 10AB Filing Activated: Charitable Trusts Can Now Seek Section 12A Relief
  10. MCA Notifies Election Tribunal for ICAI Council Poll Disputes Held in Dec 2024

More »


Popular News




CCI Pro

Trending Online Classes

view all classess

Browse by Category