https://www.taxtmi.com/notifications?id=119124 The rules amend Form No.1 to add section 44AF and insert a new item requiring disclosure by companies engaged in small retail trade of total turnover from such business, profits included in business income and the profit-to-turnover percentage; a follow-up item requires a Yes/No indication if income under the presumptive provisions for business, goods carriage or retail trade is less than the amounts specified. The form also adds a field for tax credit carried forward under section 115JAA and substitutes Part IV item 7 with a consolidated table of Chapter IV deductions. en-us Mon, 12 Oct 1998 00:00:00 +0530 Mon, 25 Apr 2016 12:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=119124 The rules amend Form No.1 to add section 44AF and insert a new item requiring disclosure by companies engaged in small retail trade of total turnover from such business, profits included in business income and the profit-to-turnover percentage; a follow-up item requires a Yes/No indication if income under the presumptive provisions for business, goods carriage or retail trade is less than the amounts specified. The form also adds a field for tax credit carried forward under section 115JAA and substitutes Part IV item 7 with a consolidated table of Chapter IV deductions. Notifications Income Tax Mon, 12 Oct 1998 00:00:00 +0530 https://www.taxtmi.com/notifications?id=119124