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...
Amends the operative schedule of tariff concessions applicable to imports under the India-EFTA (Iceland) arrangements by substituting the existing table in the earlier customs exemption notification with a revised table specifying item-wise Basic Customs Duty (BCD) rates and corresponding Agriculture Infrastructure and Development Cess (AIDC) and Health Cess rates (largely nil for AIDC and Health Cess) for the listed tariff items. The substituted table governs the concessional duties to be applied for covered goods, thereby altering the applicable customs duty incidence in accordance with the revised rates, with effect from 1 January 2026.
Amends the operative schedule of tariff concessions applicable to imports under the India-EFTA (Iceland) arrangements by substituting the existing table in the earlier customs exemption notification with a revised table specifying item-wise Basic Customs Duty (BCD) rates and corresponding Agriculture Infrastructure and Development Cess (AIDC) and Health Cess rates (largely nil for AIDC and Health Cess) for the listed tariff items. The substituted table governs the concessional duties to be applied for covered goods, thereby altering the applicable customs duty incidence in accordance with the revised rates, with effect from 1 January 2026.
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