https://www.taxtmi.com/acts?id=43325 Commodities Transaction Tax was introduced to tax specified transactions in recognised associations, including options in goods and commodity derivatives; the Act prescribes levy on seller or purchaser, mechanisms for collection, returns, assessment, penalties, prosecution and executive powers, and amends section 36 to allow deduction of CTT paid where the related income is included under Profits and Gains of Business or Profession. en-us Thu, 06 Jun 2024 13:25:53 +0530 Thu, 06 Jun 2024 14:52:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=43325 Commodities Transaction Tax was introduced to tax specified transactions in recognised associations, including options in goods and commodity derivatives; the Act prescribes levy on seller or purchaser, mechanisms for collection, returns, assessment, penalties, prosecution and executive powers, and amends section 36 to allow deduction of CTT paid where the related income is included under Profits and Gains of Business or Profession. Act-Rules Direct Taxes Thu, 06 Jun 2024 13:25:53 +0530 https://www.taxtmi.com/acts?id=43325