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Bill - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Amendment of section 211. - It is further proposed that an ...

Bill

March 2, 2016

Amendment of section 211. - It is further proposed that an eligible assessee in respect of eligible business referred to in section 44AD opting for computation of profits or gains of business on presumptive basis, shall be required to pay advance tax of the whole amount in one instalment on or before the 15th March of the financial year. - [But, it is not known that missing reference to new section 44ADA is relation to professional, is inadvertent or deliberate?]

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