Sr. No. Population as per last census Distance from limits of Municipality 1 Less than 10,000 Within the limits of municipality 2 More than 10,000 up to 1,00,000 More than 2 kms from local limits of municipality 3 More than 1,00,000 up to 10,00,000 More than 6 kms from local limits of municipality 4 More than 10,00,000 More than 8 kms from local limits of municipality At present, the Census 2011 is in force. If a new Census is published in the future, the population figures from the latest Census published before the start of the financial year in which land is sold, will be used to determine distance criteria for exemption.   Municipality (whether known as municipality, municipal corporation, notified area committee, town area committee, town committee, or by any other name) or a cantonment board

  Financial Year CII Financial Year CII 2001-02 100 2013-14 220 2002-03 105 2014-15 240 2003-04 109 2015-16 254 2004-05 113 2016-17 264 2005-06 117 2017-18 272 2006-07 122 2018-19 280 2007-08 129 2019-20 289 2008-09 137 2020-21 301 2009-10 148 2021-22 317 2010-11 167 2022-23  331 2011-12 184 2023-24  348 2012-13 200 2024-25 363 

Residence in India for the purpose of the Income-tax Act   The income-tax liability of an assessee is calculated on basis of his total Income. What is to be included in total income of assessee is greatly influenced by his residential status in India. An assessee can be categorized as a resident in India or a non-resident in India during the previous year. Further, if the assessee is an individual or a HUF and he is resident in India, his residential status is further sub-classified as a resident and ordinarily resident or resident but not ordinarily resident. The residential status of a person is categorised into the following categories: Individual When treated as a resident? When treated as a resident but not ordinarily resident? Indian Citizen visiting India having income* < Rs. 15 lakhs If his period of stay in India during the current year is 182 days or more   •  If the period of stay in ...

Time limit for issuing different income-tax notices and completion of the assessment   Section Nature of Assessment Time Limit To serve/ issue notice For completion of the Assessment Section 143(1) Summary Assessment - Within 9 months from the end of the financial year in which the return is furnished Section 143(3) Scrutiny Assessment Notice to be served within 3 months from the end of the financial year in which return is furnished Within 12 months 1  from the end of the Assessment Year in which income was first assessable * Section 144 Best Judgment Assessment - Within 12 months 2  from the end of the Assessment Year in which income was first assessable * Section 147 Re-assessment Notice to be issued within 3/10 years from the end of the relevant assessm...