WebFeb 19, 2024 · CII for the year in which the asset was first held by the assessee OR F.Y 2001-02 whichever is later. Indexed Cost of Acquisition=Rs 45,00,000 X252 = … WebRT @FollowCII: India’s overall exports have reached a record $770.18 bn during FY 2024-23, growing at a remarkable growth rate of 14% over FY 2024-22. - Narayan …

Capital Gains Calculator for Property 2024 - ApnaPlan.com

WebApr 11, 2024 · CBDT notified CII for FY 2024-24; check CII table of 23 years. CBDT notifies Cost Inflation Index (CII) for FY 2024-24 at 348, as against CII of 331 for the preceding FY 2024-23. The CII is used for calculating ‘long term capital gains (LTCG)’ under Income Tax. CBDT announces fresh CII each year using the base year 2001-02 as equal to 100. WebJul 3, 2024 · The cost of inflation index (CII) for the financial year 2024-21 has been notified by the Ministry of Finance. The ministry has set the Cost Inflation Index FY 2024 … super dragon ball heroes pt-pt

Cost Inflation Index (CII), Year-wise Cost Inflation Index – CII

WebIn terms of powers conferred under Section 48 of the Income Tax Act, The Central Board of Direct Taxes (CBDT) has notified the cost inflation index (CII) for FY 2024-22 as 317 via a notification dated June 15, 2024. The same was at 301 in the last year FY 2024-21, an … Procedure for issue of debentures by a company. Companies Act has placed … WebThe CII for the year the apartment was sold in is 582. The cost inflation index is 582/389 = 1.49. While computing tax, CII is multiplied with the purchase price to arrive at the … WebApr 13, 2024 · Now, the CII was 105 in 2002-03, and when you want to sell the property in FY 2024-22, the CII will be 317, so the Index cost will be (317/105) x 50 = 15,095,200. As a result, the long-term capital gain would be INR 10,095,200 which is equal to the Index cost less the actual price (purchase price). super dragon ball heroes mugen