Income-tax (Seventeenth Amendment) Rules, 1998

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....of section 295 of the Income-tax Act, 1961 (43 of 1961) the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely :- 1.  (1) These rules may be called the Income-tax (Seventeenth Amendment) Rules, 1998       (2) They shall come into force on their publication in the Official Gazette 2.  in Appe....

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.... thereto, the following shall be substituted, namely :- "19. In case the company was engaged in the business of retail trade in any goods or merchandise, the total turnover on account of which did not exceed forty lakh rupees, please furnish the following information for the purposes of section 44AF : (i) Total turnover on account of such business : Rs._________________ (ii) Profits of su....