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Amendment of section 44AD.

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Full Text of the Document

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.... have been inserted with effect from the 1st day of April, 2011, namely:-       "(6) The provisions of this section, notwithstanding anything contained in the foregoing provisions, shall not apply to-                 (i) a person carrying on profession as referred to in sub-section (1) of sect....

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Full Text of the Document

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.... the aforesaid section 44AD so as to provide that the provisions of this section, notwithstanding anything contained in the foregoing provisions, shall not apply to (i) a person carrying on profession as referred to in sub-section (1) of section 44AA; (ii) a person earning income in the nature of commission or brokerage; or (iii) a person carrying on any agency business. This amendment will tak....

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