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Jun 10, 2024 · A Cost Inflation Index table is used to calculate the long-term capital gains from a capital asset transfer or sale. The profit earned through the sale or transfer of any capital asset, such as land, property, stocks, shares, trademarks, patents, and so on, is referred to as capital gain.
6 days ago · Get the latest Cost Inflation Index (CII) for FY 2023-24 (AY 2024-25) with our detailed guide. Find the updated CII table, learn how to calculate indexation benefits for capital gains, and understand through practical examples.
Jun 6, 2024 · The Cost Inflation Index (CII) is a measure of inflation used in the computation of long-term capital gains on the sale of assets, as per Section 48 of the Income Tax Act, 1961. The Central Board of Direct Taxes (CBDT) notifies the CII annually. To date, the CBDT has provided the CII for financial years 1981-82 to 2024-25.
May 26, 2024 · Article discusses Meaning of Cost Inflation Index (CII) which is used for Computation of Long Term Capital Gain. Cost Inflation index are Notified by CBDT every year and till date CBDT has notified Cost Inflation Index for the Financial Year 1981-82 to Financial year 2024-25.
A Cost Inflation Index table helps in calculating the long-term capital gains from the transfer or sale of capital gains. Any profit made from the sale or transfer of capital assets, such as property, shares, patents, land, and stocks, is referred to as capital gain.
May 31, 2024 · The capital gains indexation calculator helps investors with long-term gains save on taxes, allows the taxpayer to inflate the purchase price of the asset by considering the impact of inflation and also calculate the taxable gain by considering the sale price. Updated per latest Interim Budget 2024 Also updated with new CII for AY 2025-26.
Jun 24, 2024 · This table provides a clear and concise overview of the Cost Inflation Index over the years, which is crucial for calculating the indexed acquisition cost and, consequently, the LTCG...
