On 12-Jun-2020, the cost inflation index for FY2020-21 was notified as 301.
Cost inflation index for Financial Year 2020-21
Author: Gopal Ramanan
| Posted at: June 13, 2020 |
Label:
Personal Finance,
Tax
|
For computing certain long term capital gains, the cost can be adjusted for the inflation and for that purpose, the Central Board of Direct Taxes notifies the cost inflation index every financial year.
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