https://www.taxtmi.com/acts?id=53175 Amendments align tax-credit set-off references with the revised credit framework and prescribe scaled additional income-tax on updated returns: 25%, 50%, 60% and 70% of the aggregate of tax and interest for updated returns filed in successive one-year bands up to forty-eight months after the end of the assessment year, and an additional 10% increase where the updated return is filed in response to a post-assessment notice within the notice period. en-us Sun, 01 Feb 2026 15:23:32 +0530 Sun, 01 Feb 2026 15:23:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53175 Amendments align tax-credit set-off references with the revised credit framework and prescribe scaled additional income-tax on updated returns: 25%, 50%, 60% and 70% of the aggregate of tax and interest for updated returns filed in successive one-year bands up to forty-eight months after the end of the assessment year, and an additional 10% increase where the updated return is filed in response to a post-assessment notice within the notice period. Act-Rules Bills Sun, 01 Feb 2026 15:23:32 +0530 https://www.taxtmi.com/acts?id=53175