Section 44AC - Omitted - Income-tax Act, 1961

Special provision for computing profits and gains from the business of trading in certain goods. 44AC. 1 [****] ------------------------------ Notes :- 1. Omitted by the Finance Act, 1992, w.e.f. 1-4-1993 . Prior to omission section 44AC was inserted by the Finance Act, 1988, w.e.f. 1-4-1989 and later amended by the Direct Tax Laws (Amendment) Act, 1989, w.e.f. 1-4-1989 and the Finance Act, 1990, w.e.f. 1-4-1991.