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    Reassessment for unexplained property investment remains valid despite wealth-tax disclosure when income-tax source disclosures are incomplete.
    Section 80P deductions depend on member-credit activity, substantiated liabilities, timely leave payments, and compliant deposit KYC records.
    Depreciation on opening written-down value remains available where prior allowance and asset-block treatment continue without change in facts.
    Reasonable cause for delayed tax audit reporting can prevent penalty where the lapse is technical and non-wilful.
    Permissive developer possession under a joint development agreement does not trigger capital gains transfer when ownership remains with landowners.
    Reassessment after four years survives where waived partner capital deduction lacked full disclosure; taxability requires reasoned determination.
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    Hedging forward exchange gains linked to capital investments must be assessed as capital gains, not residual income.
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      ICEGATE, ECCS and the ACES-GST portal, together with their...

      Protected systems access rules prohibit credential sharing, require personal control of passwords and OTPs, and mandate prompt breach reporting.

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      CustomsJune 4, 2026Circulars
      ICEGATE, ECCS and the ACES-GST portal, together with their databases and dependencies, are treated as protected systems, so access is limited to persons authorised in writing. The order requires exclusive personal control of user IDs, passwords and second factors; prohibits writing, storing or transmitting credentials insecurely; bans sharing of passwords and OTPs with anyone, including support staff or vendors; and requires immediate reporting of any request or suspected compromise. Passwords must be changed every ninety days and on disclosure risk, transfer or return from leave, while workstations must not remain logged in unattended. Breach may attract action under the Information Technology Act, BNS, Customs Act and service conduct rules.

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      ActsIncome Tax