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 Central Government amends Notification No. 29/2025-Customs (9 May 2025) to clarify that the exemption for works of art and antiques specified in the Schedule also applies to the whole of the integrated tax leviable under sub-section (7) of section 3 of the Customs Tariff Act; the amendment takes effect on 22 September 2025.
The Central Government amends Notification No. 29/2025-Customs (9 May 2025) to clarify that the exemption for works of art and antiques specified in the Schedule also applies to the whole of the integrated tax leviable under sub-section (7) of section 3 of the Customs Tariff Act; the amendment takes effect on 22 September 2025.
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