profits and gains in accordance with the provisions of sub-section (1) of section 44AD or sub-section (1) of section 44ADA, as the case
carrying on the business shall, if the provisions of sub-section (4) of section 44AD are applicable in his case and his income exceeds ... previous year in accordance with the provisions of sub-section (1) of section 44AD and his total sales, turnover or gross receipts, as the case
Section 44AD in The Income Tax Act, 1961
44AD. [ Special provision for computing profits and gains of business on presumptive basis. [ Substituted ... Section 20 (w.e.f. 1.4.2011).]
(1) Notwithstanding anything to the contrary contained in sections 28 to 43-C, in the case of an eligible
income is computed in accordance with special provisions referred to in section 44AD, section 44ADA and section 44AE of the Act for computation of such ... income is computed in accordance with special provisions referred to in section 44AD and section 44AE of the Act for computation of business income
Section 29 in Finance Act, 1999
29. Amendment of section 44AD.
- In section 44AD of the Income-tax Act, after sub-section (5); the following
Section 74 in The Finance Act, 2017
74. Amendment of section 211.
- In section 211 of the Income-tax Act, in sub-section ... profits and gains in accordance with the provisions of sub-section (1) of section 44AD or sub-section (1) of section 44ADA, as the case
Section 44AD of the Act, the contents of which are as under:
44AD. (1) Notwithstanding anything to the contrary contained in sections ... assessment made under Sub-section (3) of Section 143 .)
(6) Notwithstanding anything contained in the foregoing provisions of this section, an assessee may claim lower
submitted that in Shriram lnvestments Ltd.s case (supra) the scope of section 43(6) was considered with reference to the decision of the Supreme ... case (supra) and the absence of a provision like section 44AD(3) . It is contended that these two aspects have not been touched
Section 75 in The Finance Act, 2017
75. Amendment of section 234C.
- In section 234C of the Income-tax Act, in sub-section ... profits and gains in accordance with the provisions of sub-section (1) of section 44AD or sub-section (1) of section 44ADA, as the case
Section 14 in Finance Act, 2012
14. Amendment of section 44 AD.
- In section 44AD of the Income-tax Act, - (a) after sub-section