Section 115JEE of Income Tax Act "Application of this Chapter to certain persons"
115JEE. (1) The provisions of this Chapter shall apply to a person who has claimed any deduction under-
(a) any section (other than section 80P) included in
Chapter VI-A under the heading "C.-Deductions in respect of
certain incomes"; or
83[(b) section 10AA; or
(c) section 35AD.]
(2) The provisions of this Chapter shall not apply to an individual or a Hindu undivided family or an association of persons or a body of individuals, whether incorporated or not, or an artificial juridical person referred to in sub-clause (vii) of clause (31) of section 2, if the adjusted total income of such person does not exceed twenty lakh rupees.
[(3) Notwithstanding anything contained in sub-section (1) or sub-section (2), the credit for tax paid under section 115JC shall be allowed in accordance with the provisions of section 115JD.]
Section 115JF of Income Tax Act "Interpretation in this Chapter"
Section 115JF. In this Chapter-
(a) "accountant" shall have the same meaning as in the Explanation below sub-section (2) of section 288;
(b) "alternate minimum tax" means the amount of tax computed on adjusted total income at a rate of eighteen and one-half per cent;
(d) "regular income-tax" means the income-tax payable for a previous year by a person on his total income in accordance with the provisions of this Act other than the provisions of this Chapter.
What is Tax on investment income and long-term capital gains? What is the meaning of Capital gains on transfer of foreign exchange assets not to be charged in certain cases? Section 115E and 115F of Income Tax Act 1961
What is the meaning of Return of income not to be filed in certain cases? What are the Benefit under Chapter to be available in certain cases even after the assessee becomes resident? Section 115G and 115H of Income Tax Act 1961