29 April 2024


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CBDT: Assesse Having Annual Income of over Rs 50 Lakh Must Declare Cost Price of Expensive Assets - 05.05.2016

Central Board of Direct Taxes (CBDT) has said people with annual income of over Rs 50 lakh will have to disclose the acquisition cost of all the assets like land, building and jewellery in the Income Tax return forms for assessment year 2016-17.

Tags : Central Board of Direct Taxes

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