Amendment of section 115JD.

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..... specified territory outside India, under section 90 or section 90A or section 91, allowed against the alternate minimum tax payable exceeds the amount of the tax credit admissible against the regular income-tax payable by the assessee, then, while computing the amount of credit under this sub-section, such excess amount shall be ignored. ; (b) in sub-section (4), for the words tenth assessment ye .....

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..... le by the assessee on his income in accordance with the other provisions of this Act, such excess amount shall be ignored, while computing the amount of credit and the period for carry forward of tax credit shall be extended from tenth assessment year to fifteenth assessment year. These amendments will take effect from 1st April, 2018 and will, accordingly, apply in relation to the assessment year .....

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