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 CBIC issued Notification No. 25/2025-Customs (N.T.) amending the previous Notification No. 61/94-Customs (N.T.) to expand customs airport operations in Gujarat. Specifically, the amendment adds Dholera as an authorized location for unloading imported goods and loading export goods. The modification was executed under section 7 of the Customs Act, 1962, expanding the designated customs airport capabilities in the specified state, thereby facilitating international trade and logistics infrastructure development through formal regulatory adjustment.
The CBIC issued Notification No. 25/2025-Customs (N.T.) amending the previous Notification No. 61/94-Customs (N.T.) to expand customs airport operations in Gujarat. Specifically, the amendment adds Dholera as an authorized location for unloading imported goods and loading export goods. The modification was executed under section 7 of the Customs Act, 1962, expanding the designated customs airport capabilities in the specified state, thereby facilitating international trade and logistics infrastructure development through formal regulatory adjustment.
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