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...
Special additional excise duty on exports of petrol and diesel is revised by substituting the rates in the applicable table. The rate against serial number 1 becomes Rs. 2.5 per litre, and the rate against serial number 2 becomes Rs. 8.5 per litre. The revised duty rates take effect on 16 October 2026.
Special additional excise duty on exports of petrol and diesel is revised by substituting the rates in the applicable table. The rate against serial number 1 becomes Rs. 2.5 per litre, and the rate against serial number 2 becomes Rs. 8.5 per litre. The revised duty rates take effect on 16 October 2026.
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