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Income Tax Department Notifies Cost Inflation Index For Current Fiscal

The Cost Inflation Index (CII) is used by taxpayers to compute gains arising out of sale of capital assets after adjusting inflation.

Rajat mohanSandeep sehgalCost inflation indexCentral boardDirect taxesIncome tax indiaSinghi executive director rajat mohanPartner tax sandeep sehgalIncome tax act

Cost inflation index for FY25 higher than last fiscal s - Economy News

Cost inflation index for FY25 higher than last fiscal s - Economy News
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Sandeep sehgalConsumer price indexCentral boardDirect taxesIncome tax actRahul charkhaEconomic laws

Income tax return scrutiny: CBDT issues notification on selection of cases for tax scrutiny Check details

Income tax return scrutiny: CBDT issues notification on selection of cases for tax scrutiny Check details
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Suresh suranaAmarpals chadhaNational faceless assessment centre naCentral boardDirect taxesTax partnerMobility leaderPrincipal commissionerPrincipal directorCentral chargesJurisdictional assessing officersNational faceless assessment centreIncome tax returnsArbitrary scrutinyTax evasion

Why it s not advisable to carry lots of liquor and cash during elections

Why it s not advisable to carry lots of liquor and cash during elections
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Mandatory scrutiny of ITR: Income tax dept reveals the criteria how the ITRs will be selected for the scrutiny

Income tax return: The tax department has released a circular which outlines the criterias and procedure to be followed if a particular income tax return (ITR) is to be selected for scrutiny. These guidelines also includes the procedure and criteria to be followed for section 142 (1) income tax notice.

Suresh suranaRamakrishnan srinivasanIncome tax departmentNational faceless assessment centre naIncome taxCentral boardDirect taxesNational faceless assessment centreAnnual information returnSub registrarsPrincipal commissionerPrincipal directorCentral charges