Tag Archives: What is the inflation index

Cost Inflation Index : New and old : Income Tax Act of India

By | March 26, 2018

New Cost Inflation Index NOTIFIED COST INFLATION INDEX UNDER SECTION 48, EXPLANATION (V) – New cost inflation index for FY 2017-18 onwards As per Notification no. So 1790(e)[no. 44/2017 (f. No. 370142/11/2017-tpl)], dated 5-6-2017, following table should be used for the Cost Inflation Index  for calculating long term capital gains for FY 2017-18 (AY 2018-19 ) onwards… Read More »