Cost Inflation Index

Cost Inflation Index

Financial Year CII Financial Year CII
1981-82 100 1998-99 351
1982-83 109 1999-2000 389
1983-84 116 2000-01 406
1984-85 125 2001-02 426
1985-86 133 2002-03 447
1986-87 140 2003-04 463
1987-88 150 2004-05 480
1988-89 161 2005-06 497
1989-90 172 2006-07 519
1990-91 182 2007-08 551
1991-92 199 2008-09 582
1992-93 223 2009-10 632
1993-94 244 2010-11 711
1994-95 259 2011-12 785
1995-96 281 2012-13 852
1996-97 305 2013-14 939
1997-98 331 2014-15 1024

 

How to Calculate Long Term Capital Gains?

LTCG = Full value of consideration received or accruing – (indexed cost of acquisition + indexed cost of improvement + cost of transfer)

Where, Indexed cost of acquisition =Cost of acquisition x CII of year of transfer /CII of year of acquisition

Indexed cost of improvement =Cost of improvement x CII of year of transfer /CII of year of improvement

CII = Cost Inflation Index (Please see chart given below)

Tax liability on LTCG to be taken at 20%.

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