Can any1 plz clarify me what is the difference between Section 44DA and 44BB of income tax act?
ejaz naiyer (C.A. FINAL) (293 Points)
03 February 2011Can any1 plz clarify me what is the difference between Section 44DA and 44BB of income tax act?
Pradip Narsingani
(Income Tax & GST Consultant/ CA-Final)
(572 Points)
Replied 03 February 2011
difference between Section 44DA and 44BB of income
44BB Special provision for computing profits and gains in connection with the business of exploration, etc., of mineral oils
44DA Special provision for computing income by way of royalties, etc., in case of non-residents
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