Revisional power in block assessment upheld, undisclosed search income sustained, freight suppression addition restored, accrued lorry hire liability ...
The Cost Inflation Index is prescribed at 384 for financial year 2026-27 under the Income-tax Act, 2025. The index applies to tax year 2026-27 from 1 April 2026 and to subsequent tax years, establishing the notified inflation-indexation value for the relevant period.
The Cost Inflation Index is prescribed at 384 for financial year 2026-27 under the Income-tax Act, 2025. The index applies to tax year 2026-27 from 1 April 2026 and to subsequent tax years, establishing the notified inflation-indexation value for the relevant period.
Note: It is a system-generated summary and is for quick reference only.