https://www.taxtmi.com/acts?id=50832 Insertion of section 285A obliges contractors entering into construction or related supply contracts above a specified value to furnish prescribed particulars to the jurisdictional Income-tax Officer within one month of making the contract; non-compliance permits the Commissioner to impose a daily fine subject to an aggregate cap expressed as a percentage of the contract value, and the Commissioner must immediately send a copy of any fine order to the Income-tax Officer. en-us Wed, 16 Apr 2025 11:55:18 +0530 Wed, 16 Apr 2025 11:55:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50832 Insertion of section 285A obliges contractors entering into construction or related supply contracts above a specified value to furnish prescribed particulars to the jurisdictional Income-tax Officer within one month of making the contract; non-compliance permits the Commissioner to impose a daily fine subject to an aggregate cap expressed as a percentage of the contract value, and the Commissioner must immediately send a copy of any fine order to the Income-tax Officer. Act-Rules F. Acts / Amendment Acts Wed, 16 Apr 2025 11:55:18 +0530 https://www.taxtmi.com/acts?id=50832