Extracts
Amendment of section 44AD.
Clause 21 - Bills - DIRECT TAXES - Income-tax - FINANCE BILL, 2017 - Clause 21 - 21. In section 44AD of the Income-tax Act, in sub-section (1), the following proviso shall be inserted, namely:- Provided that this sub-section shall have effect as if f ..... X X X X X X X Extract - Part text only Click here to Access Full Contents X X X X X X X through a bank account during the previous year or before the due date specified in subsection (1) of section 139 in respect of that previous year. . Clause 21 of the Bill seeks to amend section 44AD of the Income-tax Act relating to special provisi ..... X X X X X X X Extract - Part text only Click here to Access Full Contents X X X X X X X se of an eligible assessee engaged in an eligible business, having total turnover or gross receipts not exceeding two crore rupees, a sum equal to eight per cent. of the total turnover or gross receipts of the assesse in the previous year on account ..... X X X X X X X Extract - Part text only Click here to Access Full Contents X X X X X X X
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