https://www.taxtmi.com/news?id=26364 Income-tax and indirect tax amendments: advance tax on specified funds' income under section 115AD not to attract surcharge; expanded IFSC tax exemptions and 100% deduction under section 80LA for specified assessment year; new withholding entries (including 194BA) and caps on tax collection at source not exceeding 20%; insertion of Customs section 65A requiring payment of integrated tax and compensation cess on goods permitted into warehouses; creation of a Goods and Services Tax Appellate Tribunal with Principal and State Benches and detailed appointment and tenure rules. en-us Fri, 24 Mar 2023 18:49:19 +0530 Wed, 11 Feb 2026 15:59:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26364 Income-tax and indirect tax amendments: advance tax on specified funds' income under section 115AD not to attract surcharge; expanded IFSC tax exemptions and 100% deduction under section 80LA for specified assessment year; new withholding entries (including 194BA) and caps on tax collection at source not exceeding 20%; insertion of Customs section 65A requiring payment of integrated tax and compensation cess on goods permitted into warehouses; creation of a Goods and Services Tax Appellate Tribunal with Principal and State Benches and detailed appointment and tenure rules. News - Fri, 24 Mar 2023 18:49:19 +0530 https://www.taxtmi.com/news?id=26364