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[Cites 0, Cited by 2] [Section 44AB] [Entire Act]

Union of India - Subsection

Section 44AB(c) in The Income Tax Act, 1961

(c)carrying on the business shall, if the profits and gains from the business are deemed to be the profits and gains of such person under section 44AE or section 44BB or section 44BBB, as the case may be, and he has claimed his income to be lower than the profits or gains so deemed to be the profits and gains of his business, as the case may be, in any previous year; or