Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
The Public Notice clarifies that import of certain IT hardware under HSN 8741 is restricted and requires a valid license. Bills of Entry must be filed under Scheme Code 14 with the license number mentioned. The system will not allow assessment without debiting the online license. Officers can add the scheme code and license details if importers fail to provide them initially. Stakeholders are requested to take note for necessary action. Officers facing difficulties can email for assistance.
The Public Notice clarifies that import of certain IT hardware under HSN 8741 is restricted and requires a valid license. Bills of Entry must be filed under Scheme Code 14 with the license number mentioned. The system will not allow assessment without debiting the online license. Officers can add the scheme code and license details if importers fail to provide them initially. Stakeholders are requested to take note for necessary action. Officers facing difficulties can email for assistance.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
