CII tagged posts

Cost Inflation Index (For Capital Gains)

Category: Stock & SecuritiesTagsTax Planning Comments: No comments

In case of capital gains when long term capital gain is to be computed, then, indexation comes into picture to compute the indexed cost of asset as well as indexed cost of improvement. Indexation is not possible without a predefined index. Indexation is necessary to compute the present value of asset as on the date or year in which the asset is sold as compared to the year in which it is purchased...

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