https://www.taxtmi.com/acts?id=31787 Substitution of sub section (2) of section 44AE establishes that deemed profits and gains for heavy goods vehicles are computed per ton of gross vehicle weight or unladen weight per month, or actual earnings if higher; for other goods carriages a fixed monthly presumptive amount applies, also subject to the actual receipts alternative. Definitions for goods carriage, gross vehicle weight, unladen weight and heavy goods vehicle are added. en-us Thu, 01 Feb 2018 17:06:32 +0530 Fri, 02 Feb 2018 11:43:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31787 Substitution of sub section (2) of section 44AE establishes that deemed profits and gains for heavy goods vehicles are computed per ton of gross vehicle weight or unladen weight per month, or actual earnings if higher; for other goods carriages a fixed monthly presumptive amount applies, also subject to the actual receipts alternative. Definitions for goods carriage, gross vehicle weight, unladen weight and heavy goods vehicle are added. Act-Rules Bills Thu, 01 Feb 2018 17:06:32 +0530 https://www.taxtmi.com/acts?id=31787