section (1) of section 44AD or sub-section (1) of section 44ADA, as the case may be, who is liable to pay advance tax under
deemed to be the profits and gains of such person under section 44ADA and he has claimed such income to be lower than the profits
computed in accordance with special provisions referred to in section 44AD, section 44ADA and section 44AE of the Act for computation of such income
Section 44ADA in The Income Tax Act, 1961
44ADA. Special provision for computing profits and gains of profession on presumptive basis.
(1) Notwithstanding anything contained
section (1) of section 44AD or sub-section (1) of section 44ADA, as the case may be" shall be substituted
section (1) of section 44AD or sub-section (1) of section 44ADA, as the case may be" shall be substituted; (iii) in the first proviso
Section 14 in THE FINANCE ACT, 2021
14. Amendment of section 44ADA.
In section 44ADA of the Income-tax Act, in sub-section
made u/s.194J of the Act
and no income u/s.44ADA of the Act was declared in the return of income,
proposed ... against Sec.44AD which
applies to presumptive income from business. Sec.44ADA applies if the income
is considered as income from profession. U/ S.44AD
Section 44 , Section 44A , Section 44AA , Section 44AB , Section 44AD , Section 44ADA , Section 44AE , Section 44AF , Section 44B , Section 44BB , Section 44BBA , Section 44BBB ,Section
owner of such goods carriage. [ Similar to Section 44AD , Section 44ADA and Section 44AE from The Income