deemed to be the profits and gains of such person under section 44AE or section 44BB or section 44BBB, as the case
with special provisions referred to in section 44AD, section 44ADA and section 44AE of the Act for computation of such income, be in Form SUGAM ... accordance with special provisions referred to in section 44AD and section 44AE of the Act for computation of business income, be in Form SUGAM
Section 44AE in The Income Tax Act, 1961
44AE. [ Special provision for computing profits and gains of business of plying, hiring or leasing goods carriages
Section 16 in The Finance Act, 2018
16. Amendment of section 44AE.
- In section 44AE of the Income-tax Act, with effect from
Section 30 in Finance Act, 1999
30. Amendment of section 44AE.
- In section 44AE of the Income-tax Act, after sub-section (6), the following
Northern Alkalies (P) Ltd. In the return, he disclosed income under Section 44AE of the Income Tax Act (hereinafter referred ... been his meeting daily expenses. The plea raised under Section 44AE of the Act was rejected by him on the ground that the assessee
because the case of the assessee falls outside the ambit of Section 44AE as the amendments at any time during the previous year in Section ... 44AE is effective from 1st April, 2004. The assessee's case is related to asst. yr. 2001-02, hence clause at any time during
Section 16 in Finance (No. 2) Act, 2014
16. Amendment of section 44AE.
- In section 44AE of the Income-tax Act, with effect from
erred in law and on the facts in holding that s. 44AE is applicable in the case of the assessee though the assessee owns more ... since the assessee has maintained more than 10 trucks, provisions of s. 44AE are not attracted and income cannot be computed by taking a resort
reopening of the assessment and invoking the provisions of Section 44AD and 44AE . The assessee contended before the CIT(A) that reopening of the assessment ... unjustified and AO is not justified in invoking the provisions of Section 44AE and 44AD . It was further submitted that the reasons mentioned