Pre-amendment reassessment limitation bars late notices under the preserved regime, invalidating consequential reassessment for affected earlier asses...
Cash-sales explanations for bank deposits require documentary reconciliation; reassessment notice survived where effective response time was available...
Functional comparability in transfer pricing prevents ad hoc arm's length adjustments where functions, assets, risks and reliable comparables are unes...
Section 194H income tax deduction on commission or brokerage payments reduced from 5% to 2%. Amendment effective October 1, 2024. Rationalisation and simplification of capital gains taxation.
Section 194H income tax deduction on commission or brokerage payments reduced from 5% to 2%. Amendment effective October 1, 2024. Rationalisation and simplification of capital gains taxation.
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TaxTMI 
TaxTMI 
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