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    <description>The Department narrows the disclosure requirement in Forms 25A and 25C: applicants must disclose any penalty imposed on, or conviction undergone by, the person under the specified Acts during the last eight years, and any pending proceedings concerning violations that attract the penal provisions of those Acts, thereby addressing concerns that the term &quot;proceedings&quot; was vague and overly broad.</description>
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      <title>Approval of appointment/re appointment and remuneration payable to managing/whole-time directors or managers Revision of application forms to provide additional information</title>
      <link>https://www.taxtmi.com/circulars?id=10926</link>
      <description>The Department narrows the disclosure requirement in Forms 25A and 25C: applicants must disclose any penalty imposed on, or conviction undergone by, the person under the specified Acts during the last eight years, and any pending proceedings concerning violations that attract the penal provisions of those Acts, thereby addressing concerns that the term &quot;proceedings&quot; was vague and overly broad.</description>
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