Cost Inflation Index updated for capital gains computation by inserting the financial year 2012-13 entry in the table. Cost Inflation Index under clause (v) of the Explanation to section 48 of the Income-tax Act, 1961 was further amended by inserting a new entry in the table to the existing notification governing indexed cost computation. The inserted entry specifies the Cost Inflation Index for the financial year 2012-13 as 852.
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Cost Inflation Index updated for capital gains computation by inserting the financial year 2012-13 entry in the table.
Cost Inflation Index under clause (v) of the Explanation to section 48 of the Income-tax Act, 1961 was further amended by inserting a new entry in the table to the existing notification governing indexed cost computation. The inserted entry specifies the Cost Inflation Index for the financial year 2012-13 as 852.
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