Tag Archives: Section 16 of Finance Act 2018

Section 16 of Finance Act 2018 : Amendment of section 44AE Income Tax Act

By | April 1, 2018

Section 16 of Finance Act 2018 [Section 16 of Finance Act 2018 deals with Amendment of section 44AE. and is covered in CHAPTER III DIRECT TAXES] Amendment of section 44AE. 16. In section 44AE of the Income-tax Act, with effect from the 1st day of April, 2019,— (a) for sub-section (2), the following sub-section shall be substituted, namely:—… Read More »