Transaction value rejection requires reliable corroboration; refundable VAT is excluded and temporary registration does not defeat new-vehicle exempti...
Appellate jurisdiction remains available where a wrist-worn gold ornament cannot conclusively be characterised as imported baggage at the preliminary ...
Written complaint requirement bars cognizance on police reports for securities offences, while unsupported breach of trust and cheating allegations fa...
Risk-based postal import clearance standardises electronic assessment, document requests, duty realisation and delivery controls at Foreign Post Offic...
Customs Cargo Service Provider appointment extends custodianship to additional terminal land, subject to cargo-control, security and licence condition...
The Ministry of Finance (CBDT), u/s 48 of the Income-tax Act, 1961, has notified a Cost Inflation Index (CII) of 363 for the Financial Year 2024-25, amending Notification No. 44/2017. This amendment, under clause (v) of the Explanation to section 48, inserts a new serial number and entries in the Table. The notification, effective from April 1, 2025, applies to the assessment year 2025-26 onwards.
The Ministry of Finance (CBDT), u/s 48 of the Income-tax Act, 1961, has notified a Cost Inflation Index (CII) of 363 for the Financial Year 2024-25, amending Notification No. 44/2017. This amendment, under clause (v) of the Explanation to section 48, inserts a new serial number and entries in the Table. The notification, effective from April 1, 2025, applies to the assessment year 2025-26 onwards.
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