Specified class of persons definition limits scope to non-company taxpayers required to have audited accounts and file returns. The term "specified class or classes of persons" denotes persons, other than companies, whose accounts are required to be audited under section 44AB or ... Summary
Specified class of persons definition limits scope to non-company taxpayers required to have audited accounts and file returns.
The term "specified class or classes of persons" denotes persons, other than companies, whose accounts are required to be audited under section 44AB or any other law in force and who are required to furnish a return of income under the Income Tax Act.
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