https://www.taxtmi.com/acts?id=10663 Amendment to section 44AE substitutes subsection (2) to prescribe that for each goods carriage the profits and gains are the higher of a prescribed monthly presumptive amount for every month or part of a month during which the vehicle is owned in the previous year, or the amount claimed as actually earned; the rule distinguishes heavy goods vehicles from other goods carriages and applies on a per-vehicle basis. en-us Tue, 04 Aug 2009 17:09:43 +0530 Sat, 08 Aug 2009 12:56:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10663 Amendment to section 44AE substitutes subsection (2) to prescribe that for each goods carriage the profits and gains are the higher of a prescribed monthly presumptive amount for every month or part of a month during which the vehicle is owned in the previous year, or the amount claimed as actually earned; the rule distinguishes heavy goods vehicles from other goods carriages and applies on a per-vehicle basis. Act-Rules F. Acts / Amendment Acts Tue, 04 Aug 2009 17:09:43 +0530 https://www.taxtmi.com/acts?id=10663