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...
Amends the retail sale price-based valuation table under Notification No. 01/2022-Central Excise (N.T.) by substituting, at Sl. No. 2 in column (3), the entry "Pan masala containing tobacco" with "Gutkha". This change takes effect from 1 February 2026, with the consequence that, for the specified serial entry, the retail price valuation prescription applies to "Gutkha" as described, rather than to "Pan masala containing tobacco".
Amends the retail sale price-based valuation table under Notification No. 01/2022-Central Excise (N.T.) by substituting, at Sl. No. 2 in column (3), the entry "Pan masala containing tobacco" with "Gutkha". This change takes effect from 1 February 2026, with the consequence that, for the specified serial entry, the retail price valuation prescription applies to "Gutkha" as described, rather than to "Pan masala containing tobacco".
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
