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Cost Inflation Index updated to add the fiscal year for indexation under section 48, affecting capital gains computation. The Central Government amends Notification S.O. 2292(E) (9-9-2009) under the Explanation to section 48 by inserting a new table entry for the fiscal year 2010-2011 with the prescribed Cost Inflation Index value, thereby extending the schedule of indexation values used for computing indexed cost for capital gains.
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Cost Inflation Index updated to add the fiscal year for indexation under section 48, affecting capital gains computation.
The Central Government amends Notification S.O. 2292(E) (9-9-2009) under the Explanation to section 48 by inserting a new table entry for the fiscal year 2010-2011 with the prescribed Cost Inflation Index value, thereby extending the schedule of indexation values used for computing indexed cost for capital gains.
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