Central Board of Direct Taxes has Issued/Guidelines/Instruction No. 1916 Dated 11th May, 1994 In the Matter of Seizure of Jewellery, Which Reads as follows: Instances of seizure of jewellery of small quantity in the course of operation under section 132 have come to the notice of the Board. The question of a common approach to […]
MCA penalizes Excel Vehicles Pvt. Ltd. Rs. 2 crores for Section 42(6) breach. Detailed analysis of the violation, penalties, and compliance directives.