https://www.taxtmi.com/notifications?id=5123 Specification of the Cost Inflation Index for the financial year commencing 1 April 2006 is effected under the Explanation to the Income-tax Act by applying seventy-five per cent of the average rise in the Consumer Price Index for urban non-manual employees for the preceding year, and the notification amends the Central Board of Direct Taxes table by inserting a new serial entry for the 2006-2007 financial year with the specified index value for use in indexation of capital gains. en-us Tue, 19 Sep 2006 00:00:00 +0530 Sat, 26 Jul 2008 09:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=5123 Specification of the Cost Inflation Index for the financial year commencing 1 April 2006 is effected under the Explanation to the Income-tax Act by applying seventy-five per cent of the average rise in the Consumer Price Index for urban non-manual employees for the preceding year, and the notification amends the Central Board of Direct Taxes table by inserting a new serial entry for the 2006-2007 financial year with the specified index value for use in indexation of capital gains. Notifications Income Tax Tue, 19 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/notifications?id=5123