CA in Jaipur | CA. Yogesh Jangid |ITR Filing 2023 | Company Registration | NGO Registration | Income Tax Raid Cases | Audit | Inc Incroporation | CPA in India | Subsidy | Project Funding | GST | GST Raid Cases | Income Tax Notice Faceless | DRI Cases | https://www.nyca.in ITR Filing 2023 | Company Registration | NGO Registration | Income Tax Raid Cases | Audit | Inc Incroporation | CPA in India | Subsidy | Project Funding | GST | GST Raid Cases | Income Tax Notice Faceless | DRI Cases Fri, 31 May 2024 10:03:35 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 https://www.nyca.in/wp-content/uploads/2022/08/9060CA_logo_icai-1.jpg CA in Jaipur | CA. Yogesh Jangid |ITR Filing 2023 | Company Registration | NGO Registration | Income Tax Raid Cases | Audit | Inc Incroporation | CPA in India | Subsidy | Project Funding | GST | GST Raid Cases | Income Tax Notice Faceless | DRI Cases | https://www.nyca.in 32 32 CBDT notified “363” as Cost Inflation Index (CII) for the F.Y 2024-25 https://www.nyca.in/cbdt-notified-363-as-cost-inflation-index-cii-for-the-f-y-2024-25/ https://www.nyca.in/cbdt-notified-363-as-cost-inflation-index-cii-for-the-f-y-2024-25/#respond Sat, 25 May 2024 04:59:52 +0000 https://www.nyca.in/?p=9952 The CBDT has set the new Cost Inflation Index for the fiscal year 2024-25.

The post CBDT notified “363” as Cost Inflation Index (CII) for the F.Y 2024-25 appeared first on CA in Jaipur | CA. Yogesh Jangid |ITR Filing 2023 | Company Registration | NGO Registration | Income Tax Raid Cases | Audit | Inc Incroporation | CPA in India | Subsidy | Project Funding | GST | GST Raid Cases | Income Tax Notice Faceless | DRI Cases.

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The CBDT vide Notification No. 44/2024 dated May 24, 2024, makes further amendments in the notification of the Government of India, Ministry of Finance (Department of Revenue), Central Board of Direct Taxes, published in the Gazette of India, Extraordinary, vide number S.O. 1790(E), dated June 05, 2017, namely:—

In the said notification, in the Table, after serial number 23, the following serial number and entries relating thereto, shall be inserted, namely:—

Sl. No.
Financial Year
Cost Inflation Index
(1)
(2)
(3)
“24
2024-25
363”

This notification shall come into force with effect from the 1st day of April, 2025 and shall accordingly apply in relation to the assessment year 2025-26 and subsequent assessment years.

The Notification can be accessed at: https://www.nyca.in/wp-content/uploads/2024/05/CBDT_notified_363_as_Cost_Inflation_Index_CII_for_the_F.Y_2024-25.pdf

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