Finance Act - Chapter III - 15 Amendment of section 44AD
June, 22nd 2010
Amendment of section 44AD.
15. In section 44AD of the Income-tax Act [as amended by section 20 of the Finance (No. 2) Act, 2009 (33 of 2009)], in the Explanation, in clause (b), in sub-clause (ii), for the words forty lakh rupees, the words sixty lakh rupees shall be substituted with effect from the 1st day of April, 2011.