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Income tax department notifies cost inflation index for current fiscal

It is popularly used to calculate indexed cost of acquisition , while calculating capital gains at the time of sale of any capital asset

Sandeep sehgalRajat mohanCost inflation indexCentral boardDirect taxesSinghi executive director rajat mohanPartner tax sandeep sehgalIncome tax act

I-T deptt notifies cost inflation index for current fiscal

I-T deptt notifies cost inflation index for current fiscal
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Rajat mohanSandeep sehgalCost inflation indexCentral boardDirect taxesSinghi executive director rajat mohanPartner tax sandeep sehgalIncome tax act

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

Angel tax: Experts Suggest Safe Harbour For Investment Via Convertible Preference Shares Too

The Central Board of Direct Taxes (CBDT) on May 26 issued draft rules providing more flexibility for valuation of equity investments made in unlisted startups

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Union Budget 2023: Allow deductions, hike threshold for levying peak 30% tax to make optional tax regime attractive: Experts

Investments in PPF and other tax savings schemes should be allowed as deductions, and the threshold for 30 per cent tax should be raised to Rs 20 lakh under the concessional income tax regime in Budget 2023-24 to make it attractive for middle-income taxpayers, says experts.

Hong kongNew delhiNirmala sitharamanAmarpals chadhaSudhakar sethuramanRakesh nangiaSandeep sehgalHindu undivided familiesFinance minister nirmala sitharamanAndersen india chairman rakesh nangiaIndia partner sudhakar sethuramanIndia mobility leader amarpals chadhaPartner tax sandeep sehgalUnion budget 2023Ptional tax regime

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