https://www.taxtmi.com/acts?id=49362 The amendment reclassifies income tax administrative titles by substituting and inserting composite designations and defining Joint Commissioner and Joint Director, clarifying the scope of officials. It also replaces the statutory definition of block of assets to group tangible and intangible assets that attract the same depreciation rate, standardising depreciation treatment by classifying assets into defined blocks. en-us Thu, 20 Feb 2025 16:28:17 +0530 Thu, 20 Feb 2025 16:28:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49362 The amendment reclassifies income tax administrative titles by substituting and inserting composite designations and defining Joint Commissioner and Joint Director, clarifying the scope of officials. It also replaces the statutory definition of block of assets to group tangible and intangible assets that attract the same depreciation rate, standardising depreciation treatment by classifying assets into defined blocks. Act-Rules F. Acts / Amendment Acts Thu, 20 Feb 2025 16:28:17 +0530 https://www.taxtmi.com/acts?id=49362