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ICMAI urges inclusion of ‘Cost Accountant’ in the Definition of “Accountant” under Section 515(3)(b) of the Income – Tax Bill, 2025

Hyderabad, 6th March 2025: At the outset, the Institute of Cost Accountants of India extends its welcome to the Income Tax Bill 2025, introduced on 13th February 2025. We acknowledge it as a significant milestone to simplify India’s six-decade-old direct taxation structure. The Bill aims to streamline provisions, eliminate obsolete references, establish a …

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