WebAug 3, 2007 · NOTIFICATION NO. 214/2007, DATED 3-8-2007. In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the Income-tax Act, 1961 (43 … WebNov 13, 2024 · Cost Inflation index also called Capital gain index is used to calculate the indexed cost of acquisition for long-term capital gain tax. The indexation table ... 2008-2009: 137: 2024-2024: 280: 2009-2010: 148: 2024-2024: 289: 2010-2011: 167: 2024- 2024: 301: 2024-2024: 317 The Cost Inflation Index for FY 2024-23 (AY 2024-24) is 331. How to ...
What is cost inflation index for FY 2024-22 used in LTCG …
WebApr 13, 2024 · This article shows the latest Cost Inflation Index (CII) value for FY 2024-24. A table of historical values is also available. 📚 Topics covered: Understanding the Cost Inflation Index; ... 2008-09: 137: 9: 2009-10: 148: 10: 2010-11: 167: 11: 2011-12: 184: 12: 2012-13: 200: 13: WebJul 23, 2024 · The Cost Inflation Index For the financial year 2024-21 has been notified by the Central Board of Direct Tax (CBDT) as 301 for determining long-term capital gains under Income Tax. The notification is dated 20th June 2024. For the previous year i.e. for FY 2024-20, it was 289. ofirmev stability
Up to FY 2024-21: Capital Gain Indexation Chart New and Old PDF ...
WebApr 11, 2024 · The income tax department has notified the cost inflation index (CII) number for the current ... WebApr 11, 2024 · The income tax department has notified the cost inflation index (CII) number for the current financial year. The CII number is used to arrive at the inflation-adjusted price of an asset. The capital gains that are chargeable to income tax are lowered using the indexation benefit. From FY 2024-24, the indexation benefit has been removed … WebAug 19, 2008 · Central Government, having regard to seventy-five per cent of the average rise in the Consumer Price Index for the Financial Year commencing from the 1st day of … ofirmev patent expiration