https://www.taxtmi.com/news?id=973 Amendments under the Finance (No. 2) Act, 2009 revise numerous provisions of the Income-tax Act, 1961 and selected Wealth Tax Act provisions, updating definitions, exclusions from total income, special regimes for export and SEZ units, capital gains valuation (including slump sale and specified valuation rules), deductions, depreciation and presumptive taxation, and reforming compliance and enforcement mechanisms-accounting and audit requirements, assessment and reassessment procedures, search and seizure powers, PAN/TAN and withholding obligations, penalties, provisional attachments, appellate pathways and relevant schedules. en-us Wed, 12 Aug 2009 00:24:47 +0530 Wed, 12 Aug 2009 12:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=973 Amendments under the Finance (No. 2) Act, 2009 revise numerous provisions of the Income-tax Act, 1961 and selected Wealth Tax Act provisions, updating definitions, exclusions from total income, special regimes for export and SEZ units, capital gains valuation (including slump sale and specified valuation rules), deductions, depreciation and presumptive taxation, and reforming compliance and enforcement mechanisms-accounting and audit requirements, assessment and reassessment procedures, search and seizure powers, PAN/TAN and withholding obligations, penalties, provisional attachments, appellate pathways and relevant schedules. News - Wed, 12 Aug 2009 00:24:47 +0530 https://www.taxtmi.com/news?id=973