How to calculate the indexed cost of property acquisition2 min read 20 May 2015, 06:49 PM IST
To calculate LTCG from the property, the seller has to calculate the indexed cost of acquisition
The Central Board of Direct Taxes will soon declare cost inflation index (CII) numbers for the current financial year. If you plan to sell your property, calculate the indexed cost of property acquisition using the new number to arrive at the actual capital gain, and save on capital gains tax. Here’s how.
Select your Category