https://www.taxtmi.com/acts?id=49929 The amendment inserts deeming clauses into section 28 to treat profits on transfer of the Duty Entitlement Passbook and the Duty Free Replenishment Certificate, each a Duty Remission Scheme instrument under the export and import policy, as taxable business income arising under section 28, with retrospective effect for the fiscal commencements specified in the amendment. en-us Fri, 28 Feb 2025 16:37:53 +0530 Fri, 28 Feb 2025 16:37:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49929 The amendment inserts deeming clauses into section 28 to treat profits on transfer of the Duty Entitlement Passbook and the Duty Free Replenishment Certificate, each a Duty Remission Scheme instrument under the export and import policy, as taxable business income arising under section 28, with retrospective effect for the fiscal commencements specified in the amendment. Act-Rules F. Acts / Amendment Acts Fri, 28 Feb 2025 16:37:53 +0530 https://www.taxtmi.com/acts?id=49929