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The Institute of Cost Accountants of India has submitted a memorandum to Hon'ble Finance Minister Smt. Nirmala Sitharaman, requesting the inclusion of "Cost Accountant" in the definition of "Accountant" under Section 515(3)(b) of the Income-Tax Bill, 2025. #CostAccountants #Taxation #ICAI


The non-inclusion of "Cost Accountant" in the definition of Accountant in the proposed Income Tax Bill 2025 is a matter of concern for the profession.