Co-operative society's mandatory reserve and share capital fixed deposits with banks-interest treated as business income under 80P(2)(a)(iii) deductio...
Income tax reassessment reopening after four years on investigation tip, without s.147 proviso disclosure failure, struck down as borrowed satisfactio...
The Central Board of Indirect Taxes and Customs issues instructions to cease collection of anti-dumping duty on imports of titanium dioxide originating in or exported from China PR. This follows a High Court of Calcutta order dated 22 September 2025, which quashed a prior customs notification that had imposed such anti-dumping duty. All Principal Chief Commissioners, Chief Commissioners, Commissioners, and Director Generals under the Board are directed to ensure that anti-dumping duty on these imports is not collected with immediate effect. The directive is issued by the Directorate (TRU-I) of the Ministry of Finance, Department of Revenue.
The Central Board of Indirect Taxes and Customs issues instructions to cease collection of anti-dumping duty on imports of titanium dioxide originating in or exported from China PR. This follows a High Court of Calcutta order dated 22 September 2025, which quashed a prior customs notification that had imposed such anti-dumping duty. All Principal Chief Commissioners, Chief Commissioners, Commissioners, and Director Generals under the Board are directed to ensure that anti-dumping duty on these imports is not collected with immediate effect. The directive is issued by the Directorate (TRU-I) of the Ministry of Finance, Department of Revenue.
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