Hi CA people in the house, have a small doubt and query if someone can resolve...
Background: Filing my HUF account ITR2, Gross Income is --> income from other sources of 3.6L includes savings and fd interest (filing under new regime), No deductions, No capital gains, nothing else.
Already paid around 8.5k as TDS which should be refunded.
However, when I filled everything, it is showing AMTC as below: Not sure what to do with this. I tried watching some videos on this, they explained if you claim deductions you have a pay a minimum tax which can be claimed next year(not still sure) but the major question I have is I dont have any deductions which I am claiming for this. This cannot be deleted or edited. Anyone can help explain or share their experience on this and how to resolve this?
Background: Filing my HUF account ITR2, Gross Income is --> income from other sources of 3.6L includes savings and fd interest (filing under new regime), No deductions, No capital gains, nothing else.
Already paid around 8.5k as TDS which should be refunded.
However, when I filled everything, it is showing AMTC as below: Not sure what to do with this. I tried watching some videos on this, they explained if you claim deductions you have a pay a minimum tax which can be claimed next year(not still sure) but the major question I have is I dont have any deductions which I am claiming for this. This cannot be deleted or edited. Anyone can help explain or share their experience on this and how to resolve this?
