March 14, 2018

Rule – 7, Income which is partially agricultural and partially from business

7 . (1)In the case of income which is partially agricultural income as defined in section 2 and partially income chargeable to income-tax under the head “Profits and gains of business”, in […]
March 14, 2018

Rule – 6H, Form of report of an accountant under sub-section (3) of section 50B

6H. The report of an accountant which is required to be furnished by every assessee along with the return of income, in case of slump sale, under sub-section (3) of section […]
March 14, 2018

Rule – 6GA, Form of report of audit to be furnished under sub-section (2) of section 44DA

6GA. The report of audit of accounts of the non-resident (not being a company) or a foreign company, which is required to be furnished under sub-section (2) of section 44DA shall […]
March 14, 2018

Rule – 6G, Report of audit of accounts to be furnished under section 44AB

6G. (1) The report of audit of the accounts of a person required to be furnished under section 44AB1 shall,— (a) in the case of a person who carries on […]
March 13, 2018

Rule – 6F, Books of account and other documents to be kept and maintained under section 44AA(3) by persons carrying on certain professions

6F. (1) Every person carrying on legal, medical, engineering or architectural profession or the profession of accountancy or technical consultancy or interior decoration or authorised representative or film artist shall […]
March 13, 2018

Rule – 6EB, Categories of bad or doubtful debts in the case of a public company under clause (b) of section 43D

6EB. The provisions of clause (b) of section 43D shall apply in the case of every public company where its income by way of interest pertains to the following categories […]
March 13, 2018

Rule – 6EA, Special provision regarding interest on bad and doubtful debts of financial institutions, banks, etc.

80[6EA. The provisions of section 43D shall apply in the case of every public financial institution, scheduled bank, State financial corporation and State industrial investment corporation where its income by […]
March 13, 2018

Rule – 6E, Limits of reserve for unexpired risks

6E. In the computation of profits and gains of any business of insurance other than life insurance, the amount carried over to a reserve for unexpired risks including any amount […]
March 13, 2018

Rule – 6DDD, Notification of a recognised association for the purposes of clause (e) of the proviso to clause (5) of section 43

6DDD. (1) An application for notification of a recognised association (as per clause (j) of section 2 of the Forward Contracts (Regulation) Act, 1952) as a recognised association for the […]
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