https://www.taxtmi.com/notifications?id=138476 The Central Government, under the Explanation to section 48 of the Income-tax Act, inserts the Cost Inflation Index for the financial year 2022-23 into the notification table, thereby updating the indexation basis used for computing indexed cost of acquisition and capital gains. The notification is effective from 1 April and applies to the corresponding assessment year and subsequent years as an amendment to the principal notification. en-us Tue, 14 Jun 2022 00:00:00 +0530 Wed, 15 Jun 2022 13:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=138476 The Central Government, under the Explanation to section 48 of the Income-tax Act, inserts the Cost Inflation Index for the financial year 2022-23 into the notification table, thereby updating the indexation basis used for computing indexed cost of acquisition and capital gains. The notification is effective from 1 April and applies to the corresponding assessment year and subsequent years as an amendment to the principal notification. Notifications Income Tax Tue, 14 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/notifications?id=138476