WebAug 17, 2015 · Cost Inflation Index notified for FY 2015-16 Published On - August 17, 2015 admin Income Tax, Income-tax Act, 1961 What is Cost Inflation Index (CII)? It is a … WebJul 23, 2024 · CII for the financial year 2015-16: 254: CII for the financial year 2024-22 (year of sale) 317: Indexed cost of acquisition : Redemption price in 2024-22: Rs 1.5 lakh: Taxable capital gains : 1,50,000 – 1,24,803= ~Rs 25,197: Source: CII for 2015-16 and CII for 2024-22. Indexation in debt mutual funds.
Cost Inflation Index notified for FY 2015-16 - Compilance India
WebJul 16, 2024 · Cost Inflation Index Historical Data. Published on July 16, 2024 / By M. Pattabiraman Twitter: @pattufreefincal. Published: July 16, 2024 at 3:26 pm. Last Updated on June 19, 2024. The cost inflation … WebJun 16, 2024 · Every year CBDT notifies the CII data for each financial year. In this process, the Cost Inflation Index or CII for the Financial Year 2024-22 is notified as 317. The same was at 301 in the last year 2024-21, an increase of 5.32 per cent over the preceding financial year. The importance of CII or Cost Inflation Index is that this … crystal forge game piece storage
Cost Inflation Index (CII) 2024-21 and Previous Years
WebMr Paul invested in the purchase of a capital asset in Financial Year 1994-95 for Rs. 1,00,000. The Fair Market Value of this capital asset on April 1 st 2000 was Rs. … WebMr Paul invested in the purchase of a capital asset in Financial Year 1994-95 for Rs. 1,00,000. The Fair Market Value of this capital asset on April 1 st 2000 was Rs. 2,20,000. He then proceeded to sell this asset in the financial year 2015-16. Following is a calculation of the indexed cost of asset acquisition – WebJun 11, 2016 · Where, Indexed cost of acquisition =Cost of acquisition x CII of year of transfer /CII of year of acquisition. ... Download Cost inflation Index for Financial Year 1981-82 to 2015-16 in Pdf format. Read More … crystalforge greathelm token