Cost Inflation for any year means any such index as the the central Govt may declare on the 75% basis of CPI every year.The purpose of the The cost inflation index is to calculate indexed cost of acquisition and indexed cost of improvement for computation of long term capital gain.
Cost Inflation Index for 1981 to 2012 is given in the chart below for your ready reference.
Cost Inflation Index for 1981 to 2012 is given in the chart below for your ready reference.
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