Amendment of section 44AB
Section 20 of the Finance Act, 2017 deals with amendment of section 44AB. Amendment of section 44AB. 20. In section 44AB of the Income-tax Act,— (i) | before the first proviso, the following proviso shall be inserted, namely:— "Provided that this section shall not apply to the person, who declares profits and gains for the previous year in accordance with the provisions o The Act was enacted on 17 Apr 2017.
Amendment of section 44AB.
20. In section 44AB of the Income-tax Act,—
Section 20, The Finance Act, 2017.
(i) before the first proviso, the following proviso shall be inserted, namely:— "Provided that this section shall not apply to the person, who declares profits and gains for the 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 may be, in business does not exceed two crore rupees in such previous year:"; (ii) in the first proviso, for the words "Provided that", the words "Provided further that" shall be substituted; (iii) in the second proviso, for the words "Provided further", the words "Provided also" shall be substituted.
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Questions about Section 20
What does Section 20 of the Finance Act deal with?
Section 20 of the Finance Act is headed "Amendment of section 44AB". Amendment of section 44AB. 20. In section 44AB of the Income-tax Act,— (i) | before the first proviso, the following proviso shall be inserted, namely:— "Provided that this section shall not apply to the person, who declares profits and gains for the previous year in accordance with the provisions o
How do I find court cases under Section 20 of the Finance Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act 2017 20, section 20 Finance Act 2017, section 20 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 20 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 44AB (Audit of accounts of certain persons carrying on business or profession), so none of them can safely be read on its own. 3 other provisions in this corpus refer back to it.
When was Section 20 of the Finance Act enacted?
Section 20 of the Finance Act, cited as Finance Act 2017 20, was enacted on 17 Apr 2017. It is in force as at the date shown on this page.
Other sections of this Act
- First Schedule. Income-tax8321 words
- 2. Income-tax4071 words
- 148. Amendment of Chapter VIB1616 words
- 47. Amendment of section 115JB1176 words
- 6. Amendment of section 10856 words
- Sixth Schedule. Sixth Schedule820 words
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