Section 44aa pdf

2019-09-18 08:50

Section 115BA: Tax at the rate of 25 on income of certain domestic companies: As per new section 115BA has been inserted with effect from assessment year that the domestic companies satisfy following conditions will eligible for tax rate of 25 per cent.[Section44AA: Maintenance Of Accounts By Certain Persons Carrying On Profession Or Business. [Sec. 44AA (1). Every person carrying on legal, medical, engineering or architectural profession or the profession of accountancy or technical consultancy or interior decoration or any other profession so notified by the Board in the Official Gazette shall keep and maintain such books of account section 44aa pdf

(a) Whether books of account are prescribed under section 44AA, if yes, list of books so prescribed. (b) List of books of account maintained and the address at which the books of account are kept. (In case books of account are maintained in a computer system, mention the books of

Section 44AA(1) in The Income Tax Act, 1995 (1) Every person carrying on legal, medical, engineering or architectural profession or the profession of accountancy or technical consultancy or interior decoration or any other profession as is notified by the Board in the Official Gazette' shall keep and maintain such books. In section 44AA of the Incometax Act, in subsection (2), for clause (iv), the following clause shall be substituted with effect from the 1st day of April, 2017, namely: ( iv ) where the provisions of subsection (4) of section 44AD are applicable in his case and his income exceeds the maximum amount which is not chargeable to incometax section 44aa pdf Presumptive Tax Provisions under Section 44AD, 44ADA and 44AE per Section 44AA& gets the accounts audited& furnish audit report as required us 44AB for five assessment years subsequent to the assessment year section 44AD for five consecutive assessment years,

TAXATION OF COOPERATIVE SOCIETIES (BASIC PROVISIONS) 1) Definition Meaning of Cooperative Society Sec. 2 (19) Cooperative society means a society registered under the Cooperative Societies Act, 1912, or under any other law for the time section 44aa pdf Mar 02, 2017 If the TDS deduction under Section 194J is made by the government or on behalf of the government, the deposit has to be made on the same day. In other cases, TDS can be deposited within a week from the month end in which the tax deduction has been made. Amendment of section 44AA. 25. Amendment of section 44AB. 26. Amendment of section 44AD. 27. Insertion of new section 44ADA. 28. Amendment of section 47. 29. Amendment of section 48. 30. Amendment of section 50C. 31. Insertion of new section 54EE. 32. Amendment of section 54GB. 33. Amendment of section 55. 34. Amendment of section 56. (4) The provisions of sections 44AA and 44AB shall not apply in so far as they relate to the business referred to in subsection (1) and in computing the monetary limits under those sections, the gross receipts or, as the case may be, the income from the said business shall be excluded. The provisions relating to maintenance of books of account as given under section 44AA are applicable to a person who is carrying on any business and, hence, the provisions of section 44AA are applicable to Mr. Raja and he is either liable to maintain such books of account and

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