In force · As amended up to 2026-08
40. Business to be transacted.— Subject to any regulation made by the Board under this Chapter, any business may be transacted at any meeting:
Provided that no business relating to the imposition, abolition or modification of any tax shall be transacted at a meeting unless notice of the same and of the date fixed there for has been sent to each member not less than seven days before that date.
Source: India Code