Cost Inflation Index updated, affecting computation of indexed cost for capital gains in the specified financial year. The Central Government amends the table of cost inflation indices under the Explanation to section 48 by inserting an entry for the financial year 2011-12 with a cost inflation index of 785, thereby updating the index used to compute indexed cost of acquisition for capital gains purposes in that year.
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Cost Inflation Index updated, affecting computation of indexed cost for capital gains in the specified financial year.
The Central Government amends the table of cost inflation indices under the Explanation to section 48 by inserting an entry for the financial year 2011-12 with a cost inflation index of 785, thereby updating the index used to compute indexed cost of acquisition for capital gains purposes in that year.
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