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...
An existing external online portal will remain operational until 15 November 2025 to receive applications under sections 58 and 65 of the Customs Act, 1962; applications already submitted may continue to be processed by jurisdictional principal commissioners/commissioners in accordance with applicable law. The customs board's own digital module for these applications is in final testing and deployment timing will be notified separately. Field formations are directed to promptly notify trade and industry associations within their jurisdictions.
An existing external online portal will remain operational until 15 November 2025 to receive applications under sections 58 and 65 of the Customs Act, 1962; applications already submitted may continue to be processed by jurisdictional principal commissioners/commissioners in accordance with applicable law. The customs board's own digital module for these applications is in final testing and deployment timing will be notified separately. Field formations are directed to promptly notify trade and industry associations within their jurisdictions.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
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