DEDUCTIONS

Income Tax Notice under different Section with explanation

Income Tax Notice under Section 142(1) – Inquiry before assessment Notice under Section 142(1) is usually served to call upon documents and details from the tax..

Cost of Inflation Index for FY 2018-19 / AY 2019-20 or CII with the base year 2001-02

As per Notification no. So 1790(e)[no. 44/2017 (f. No. 370142/11/2017-tpl)], dated 5-6-2017, following table should be used for the Cost Inflation Index :- SI. No. Financial..

Goods on which E-way bill is not applicable or Exemption

Some of the items of Mass Consumption are out of the ambit of E-way bill and include: Fruits and Vegetables Jewelry Food grains Meat Bread Curd Books Some of..