https://www.taxtmi.com/acts?id=18646 Amendment replaces the reference "Consumer Price Index for urban non-manual employees" with "Consumer Price Index (Urban)" for computing the Cost Inflation Index used to determine indexed cost in capital gains computation; the CII remains derived with reference to seventy-five per cent of the average rise in the specified consumer price index. The amendment takes effect from 1st April, 2016 and applies to the assessment year 2016-17 and subsequent years. en-us Fri, 11 Jul 2014 15:47:21 +0530 Fri, 11 Jul 2014 15:47:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18646 Amendment replaces the reference "Consumer Price Index for urban non-manual employees" with "Consumer Price Index (Urban)" for computing the Cost Inflation Index used to determine indexed cost in capital gains computation; the CII remains derived with reference to seventy-five per cent of the average rise in the specified consumer price index. The amendment takes effect from 1st April, 2016 and applies to the assessment year 2016-17 and subsequent years. Act-Rules Bills Fri, 11 Jul 2014 15:47:21 +0530 https://www.taxtmi.com/acts?id=18646