https://www.taxtmi.com/acts?id=18643 Amendment substitutes the deemed profit rule in section 44AE to prescribe a uniform monthly deemed profit per goods carriage or the amount claimed as actually earned by the assessee, whichever is higher, and removes the distinction between heavy goods vehicles and other vehicles while aligning the Explanation with the Motor Vehicles Act definition of "goods carriage." en-us Fri, 11 Jul 2014 15:41:19 +0530 Fri, 11 Jul 2014 15:41:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18643 Amendment substitutes the deemed profit rule in section 44AE to prescribe a uniform monthly deemed profit per goods carriage or the amount claimed as actually earned by the assessee, whichever is higher, and removes the distinction between heavy goods vehicles and other vehicles while aligning the Explanation with the Motor Vehicles Act definition of "goods carriage." Act-Rules Bills Fri, 11 Jul 2014 15:41:19 +0530 https://www.taxtmi.com/acts?id=18643