Application of section 44D to foreign companies' income from other sources - treated under presumptive computation as business income. For an assessee that is a foreign company, the provisions of section 44D shall, so far as may be, apply in computing income chargeable under the head Income from other sources as they apply in computing income under the head Profits and gains of business or profession.
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Provisions expressly mentioned in the judgment/order text.
Application of section 44D to foreign companies' income from other sources - treated under presumptive computation as business income.
For an assessee that is a foreign company, the provisions of section 44D shall, so far as may be, apply in computing income chargeable under the head Income from other sources as they apply in computing income under the head Profits and gains of business or profession.
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