February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 44AD : Special provision for computing profits and gains of business on presumptive basis44AD. (1) Notwithstanding anything to the contrary contained in sections 28 to 43C, in the […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 44AC : Special provision for computing profits and gains from the business of trading in certain goods44AC. [Omitted by the Finance Act, 1992, w.e.f. 1-4-1993.]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 44AB : Audit of accounts of certain persons carrying on business or profession44AB. 32Every person,— (a) carrying on business shall, if his total sales, turnover or gross […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 44AA : Maintenance of accounts by certain persons carrying on profession or business44AA. (1) Every person carrying on legal, medical, engineering or architectural profession or the profession […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 44A : Special provision for deduction in the case of trade, professional or similar association44A. (1) Notwithstanding anything to the contrary contained in this Act, where the amount received […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 44 : Insurance business44. Notwithstanding anything to the contrary contained in the provisions of this Act relating to […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 43D : Special provision in case of income of public financial institutions, public companies, etc43D. Notwithstanding anything to the contrary contained in any other provision of this Act,— (a) […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 43CA : Special provision for full value of consideration for transfer of assets other than capital assets in certain cases43CA. (1) Where the consideration received or accruing as a result of the transfer by an […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 43C : Special provision for computation of cost of acquisition of certain assets43C. (1) Where an asset [not being an asset referred to in sub-section (2) of […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 43B : Certain deductions to be only on actual payment43B. Notwithstanding anything contained in any other provision of this Act, a deduction otherwise allowable […]