Indexed cost of improvement adjusts improvement cost by reference to the cost inflation index, affecting capital gains computation. Indexed Cost of any Improvement adjusts the original cost of an improvement by multiplying that cost by the ratio of the Cost Inflation Index for the year ... Summary
Indexed cost of improvement adjusts improvement cost by reference to the cost inflation index, affecting capital gains computation.
Indexed Cost of any Improvement adjusts the original cost of an improvement by multiplying that cost by the ratio of the Cost Inflation Index for the year of transfer to the Cost Inflation Index for the year the improvement occurred, yielding an inflation-adjusted amount used in capital gains computation.
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