https://www.taxtmi.com/article/detailed?id=885 The Cost Inflation Index is an annually notified factor used to compute indexed cost of acquisition and improvement for long term capital assets by referencing the CII of the year of sale and the year of acquisition or improvement; it applies seventy five percent of prior CPI rise for indexation. Because indexation captures only a portion of consumer price movement, indexed costs may differ from current replacement costs, producing taxable gains for some asset transfers and allowable capital losses for others, enabling portfolio timing to manage capital gains within statutory provisos. en-us Sun, 25 Jul 2010 00:00:00 +0530 Thu, 12 Aug 2010 12:10:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=885 The Cost Inflation Index is an annually notified factor used to compute indexed cost of acquisition and improvement for long term capital assets by referencing the CII of the year of sale and the year of acquisition or improvement; it applies seventy five percent of prior CPI rise for indexation. Because indexation captures only a portion of consumer price movement, indexed costs may differ from current replacement costs, producing taxable gains for some asset transfers and allowable capital losses for others, enabling portfolio timing to manage capital gains within statutory provisos. Articles Income Tax Sun, 25 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=885