February 28, 2018

Section – 44AE : Special provision for computing profits and gains of business of plying, hiring or leasing goods carriages

44AE. (1) Notwithstanding anything to the contrary contained in sections 28 to 43C, in the case of an assessee, who owns not more than ten goods carriages at any time […]
February 28, 2018

Section – 44ADA : Special provision for computing profits and gains of profession on presumptive basis

44ADA. (1) Notwithstanding anything contained in sections 28 to 43C, in the case of an assessee, being a resident in India, who is engaged in a profession referred to in […]
February 28, 2018

Section – 44AD : Special provision for computing profits and gains of business on presumptive basis

44AD. (1) Notwithstanding anything to the contrary contained in sections 28 to 43C, in the case of an eligible assessee engaged in an eligible business, a sum equal to eight […]
February 28, 2018

Section – 44AC : Special provision for computing profits and gains from the business of trading in certain goods

44AC. [Omitted by the Finance Act, 1992, w.e.f. 1-4-1993.]
February 28, 2018

Section – 44AB : Audit of accounts of certain persons carrying on business or profession

44AB. 32Every person,— (a) carrying on business shall, if his total sales, turnover or gross receipts, as the case may be, in business exceed or exceeds one crore rupees in […]
February 28, 2018

Section – 44AA : Maintenance of accounts by certain persons carrying on profession or business

44AA. (1) Every person carrying on legal, medical, engineering or architectural profession or the profession of accountancy or technical consultancy or interior decoration or any other profession as is notified […]
February 28, 2018

Section – 44A : Special provision for deduction in the case of trade, professional or similar association

44A. (1) Notwithstanding anything to the contrary contained in this Act, where the amount received during a previous year by any trade, professional or similar association (other than an association […]
February 28, 2018

Section – 44 : Insurance business

44. Notwithstanding anything to the contrary contained in the provisions of this Act relating to the computation of income chargeable under the head “Interest on securities”, “Income from house property”, […]
February 28, 2018

Section – 43D : Special provision in case of income of public financial institutions, public companies, etc

43D. Notwithstanding anything to the contrary contained in any other provision of this Act,— (a) in the case of a public financial institution or a scheduled bank or 26[a co-operative […]
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