Section 44BBB - Special provision for computing profits and gains of foreign companies engaged in the business of civil construction

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..... ojects Applicable to Foreign company in business of civil construction or erection testing of power plants. Income deemed as PGBP 10% of amount received in India or outside India for carrying out the above work. Income lower than presumptive rate Assessee can show provided he maintain books of account get the audit done under section 44AB his case will be put in scrutiny assessment under section 1 .....

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