Risk-based postal import clearance standardises electronic assessment, document requests, duty realisation and delivery controls at Foreign Post Offic...
Customs Cargo Service Provider appointment extends custodianship to additional terminal land, subject to cargo-control, security and licence condition...
Post-search scrutiny assessment remains available where original assessment limitation is unexpired, permitting timely completion under regular assess...
Section 276B of the Income Tax Act is being amended to provide exemption from prosecution for failure to pay tax deducted at source (TDS) if the payment is made by the due date for filing the TDS statement for that quarter. Currently, non-payment of TDS attracts rigorous imprisonment of 3 months to 7 years and fine. The amendment decriminalizes the offence if TDS is paid by the statement filing due date. The amendment takes effect from October 1, 2024.
Section 276B of the Income Tax Act is being amended to provide exemption from prosecution for failure to pay tax deducted at source (TDS) if the payment is made by the due date for filing the TDS statement for that quarter. Currently, non-payment of TDS attracts rigorous imprisonment of 3 months to 7 years and fine. The amendment decriminalizes the offence if TDS is paid by the statement filing due date. The amendment takes effect from October 1, 2024.
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