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Section 44ae

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(Querist)
26 December 2020 For the purpose of sec 44ae OF INCOME TAX ACT Which weight to be considered?Gross weight or Unlaiden weight as Both the words are contradictory in meaning and have considerable impact on income. Please clarify. Also give example if possible?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
26 December 2020 Adopt unladen weight as per clarification issued.
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HIREN JOBANPUTRA

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HIREN JOBANPUTRA (Querist)
27 December 2020 Why not gross weight? When was clarification issued?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
28 December 2020 You can adopt gross weight also not a problem.

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