Web23 jul. 2024 · The Cost Inflation Index For the financial year 2024-21 has been notified by the Central Board of Direct Tax (CBDT) as 301 for determining long-term capital gains … Web13 jun. 2024 · Cost inflation index won’t be available to anyone when the capital gain is taxable under section 112A i.e. it is applicable on long term capital gain from sale of …
Cost Inflation Index (CII) for FY 2024-24: CBDT Notification …
Web27 dec. 2024 · Long Term Capital Gain Tax Rate: For FY 2024-21 and AY 2024-22, the applicable LTCG tax rate is 20% with indexation plus 4% Cess. So, if the property is sold before 24 months from the date of the holding it will be considered as the Short Term Capital Gain. Computation of Capital Gain Tax on Sale of Property WebCost Inflation Index (CII) for FY 2024-24 is 348, for FY 2024-23 is 331. The CII table is used for long term capital gains (LTCG) Income Tax. +91-9893121713 . Toggle ... the Finance Act 2024 has modified the provisions relating to the ‘cost inflation index’ or the indexation for calculating long-term capital ... 2024-21: 301: 21: 2024-22: ... dan stryzinski
Cost Inflation Index For FY 2024-24, Index Table, Meaning, …
Web13 jun. 2024 · The formula is as below. Indexed Cost of Acquisition = (Cost of Acquisition/Cost of Inflation Index (CII) for the year in which the asset was first held … Web16 jun. 2024 · Using the formula mentioned above, the indexed cost comes out to be ] (317/122)*20,00,000] Rs 51,96,721. The long-term capital gains will be [Rs 85 lakh … اولي خساره يابلادي مبيوعه