TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Amendment to Income-tax Rules: New Requirements for Section 33AB Deductions on Tea, Coffee, Rubber Businesses Effective October 2003.</h1> The Income-tax (Twenty-Third Amendment) Rules, 2003, effective from October 1, 2003, amend the Income-tax Rules, 1962, specifically Form No-3AC in Appendix II. The amendment outlines the particulars required for claiming deductions under section 33AB, focusing on businesses involved in growing and manufacturing tea, coffee, or rubber in India. It mandates details on accounting methods, separate account maintenance, profits computation, deposits, withdrawals, and asset transactions related to these businesses. The notification also specifies documentation requirements, including profit and loss accounts and balance sheets, to support the deduction claims.
TaxTMI 
TaxTMI 
