income chargeable to tax under clause (i) of sub-section (1) of section 115BBE of the Income-tax Act, the amount of income-tax computed ... income chargeable to tax under clause (i) of sub-section (1) of section 115BBE of the Income-tax Act, the “advance tax” computed under
includes any income
referred to in section 68 , section 69 , section 69A , section 69B , section 69C or
section 69D , the income- tax payable shall ... calculated on income referred to in section 68,
section 69, section 69A, section 69B, section 69C or section 69D, at the rate of
thirty
referred to in section 68 or section 69 or section 69A or section 69B or
section 69C or section 69D .
115BBE. (1) Where the total ... includes any income,
referred to in section 68 , section 69 , section 69A , section 69B , section 69C or section 69D , the
income-tax payable shall
referred to in section 68 or section 69 or section 69A or section
69B or section 69C or section 69D .
115BBE. (1) Where the total ... includes any income referred to
in section 68 , section 69 , section 69A , section 69B , section 69C or section 69D , the income-
tax payable shall
includes any income referred to in section 68 ,
section 69 , section 69A , section 69B , section 69C or section 69D , if such income is
not covered ... with the income as
computed under clause (a) of sub section (1) of section 115BBE came into force
excise authorities and secondly, the amendment to sub-section (2) to
section 115BBE relating to set off of loss is effective from ... undisclosed investment in stock, the
very invocation of provisions of section 69A and section 115BBE by the ld
Pr. CIT is not borne
income relating to section 68 or section 69 or section 69A or section 69B
or section 69C or section 69D is taxable/at the rate ... order to avoid unnecessary
litigation, the provision of the sub-section (2) of section 115BBE of the
Income-tax Act has been amended
loan. The Assessing Officer
has made the impugned additions u/s 68 read with section 115BBE of the Income Tax
Act.
3. The assessee ... assessment-year 2017-18-reg.
With effect from 01.04.2017, sub-section (2) of section 115BBE of the Income-tax Act, 1961 (Act) provides that
where
made by the assessing officer by invoking the provision of section
115BBE of the Act in respect of Mini bus plying income of Rs.13800 ... provisions of
section 68 to 69D of the Act which is necessary to invoke the
provisions of section 115BBE of the Act. Since no other
there is section 115BBDA of the Act from
inception. Such a bar was introduced in section 115BBE of
the Act w.e.f. 1.4.2017. Similarly ... argued that until Asst Year 2016-17, Section 115BBE of
the Act did not contain any bar on allowability of set-off of losses
against
