WebCBDT notified CII for FY 2024-24; check CII table of 23 years. CBDT notifies Cost Inflation Index (CII) for FY 2024-24 at 348, as against CII of 331 for the preceding FY 2024-23. The CII is used for calculating ‘long term capital gains (LTCG)’ under Income Tax. CBDT announces fresh CII each year using the base year 2001-02 as equal to 100. Web16 jun. 2024 · Cost Inflation Index (CII) for FY 2024-19/ AY 2024-20 Notified by CBDT at 280 (Base Year 2001-02) In the case of transfer of short term capital asset, the amount …
Cost Inflation Index for F.Y. 2007-08 / AY 2008-09 - TaxGuru
Web11 apr. 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. Web11 apr. 2024 · The Cost Inflation Index for the FY 2024-24 relevant to AY 2024-25 is 348 for the purpose of computing capital gains. Every year CBDT notifies the CII data for each financial year. In this process, the Cost Inflation Index or CII for the Financial Year 2024-24 is notified as 348. horse collar leather
Cost of Inflation Index (CII) from FY 2001-02 to FY 2024-24 for …
Web16 jun. 2024 · The CII for FY 2024-22 shall come into effect from April 1, 2024 and will be applicable to assessment year 2024-23 and subsequent assessment years. What is Cost … Web26 okt. 2024 · CBDT has notified the Cost Inflation Index (CII) for Financial Year 2008-09 at 137, with new Base Year 2001-02 (cost inflation index=100). Know CII for all years at … Web30 jan. 2009 · SECTION 48 EXPLANATION V OF THE INCOME TAX ACT 1961 NOTIFIED COST INFLATION INDEX FOR FINANCIAL YEAR 2008 09 NOTIFICATION NO 86 2008 … horse collar life jacket