Residential house property letting income taxed under 'Income from house property', not 'Business income'. Section 28 amended for clarity from AY 2025...
TDS on property transfer based on aggregate payment to all sellers, not individual payments below Rs. 50L. Prevents misinterpretation. Effective 1/10/...
The Customs Tariff (Identification, Assessment and Collection of Countervailing Duty on Subsidized Articles and for Determination of Injury) Rules, 1995 have been amended to insert a provision for New Shipper Review, effective from 24.7.2024. This amendment allows for the review of countervailing duty rates for new exporters or producers who did not export the product during the period of investigation for the original countervailing duty order, providing an opportunity to establish individual countervailing duty rates.
The Customs Tariff (Identification, Assessment and Collection of Countervailing Duty on Subsidized Articles and for Determination of Injury) Rules, 1995 have been amended to insert a provision for New Shipper Review, effective from 24.7.2024. This amendment allows for the review of countervailing duty rates for new exporters or producers who did not export the product during the period of investigation for the original countervailing duty order, providing an opportunity to establish individual countervailing duty rates.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 21
Join Channel
TaxTMI 
