https://www.taxtmi.com/news?id=19546 The proposal amends Section 44AE to treat heavy goods vehicles (above 12 tonnes GVW) under a tonnage-based deeming rule: deemed income equals a specified amount per ton of gross or unladen weight per month or part thereof, or the amount actually claimed, whichever is higher; non-heavy vehicles remain taxed under the existing per-vehicle presumptive rate, with the amendment effective from 1 April 2019. en-us Mon, 05 Feb 2018 10:59:57 +0530 Mon, 05 Feb 2018 12:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19546 The proposal amends Section 44AE to treat heavy goods vehicles (above 12 tonnes GVW) under a tonnage-based deeming rule: deemed income equals a specified amount per ton of gross or unladen weight per month or part thereof, or the amount actually claimed, whichever is higher; non-heavy vehicles remain taxed under the existing per-vehicle presumptive rate, with the amendment effective from 1 April 2019. News - Mon, 05 Feb 2018 10:59:57 +0530 https://www.taxtmi.com/news?id=19546