https://www.taxtmi.com/manuals?id=936 Indexed cost of acquisition and indexed cost of improvement are computed by applying the Cost Inflation Index to the relevant cost base, with acquisition linked to the year the asset was first held or the specified base year, whichever is later. The Cost Inflation Index is notified by the Central Government by reference to 75% of the average rise in the Consumer Price Index (Urban). The text also notes the post-23 July 2024 removal of indexation for most long-term capital assets, a grandfathering option for resident individuals and HUFs in certain land or building transfers, and specified cases where indexation is unavailable. en-us Tue, 25 Aug 2015 14:42:00 +0530 Wed, 03 Jun 2026 14:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=936 Indexed cost of acquisition and indexed cost of improvement are computed by applying the Cost Inflation Index to the relevant cost base, with acquisition linked to the year the asset was first held or the specified base year, whichever is later. The Cost Inflation Index is notified by the Central Government by reference to 75% of the average rise in the Consumer Price Index (Urban). The text also notes the post-23 July 2024 removal of indexation for most long-term capital assets, a grandfathering option for resident individuals and HUFs in certain land or building transfers, and specified cases where indexation is unavailable. Manuals Income Tax Tue, 25 Aug 2015 14:42:00 +0530 https://www.taxtmi.com/manuals?id=936