The Central Board of Direct Taxes (CBDT) in month of June 2013 has specified a value for the cost inflation index for 2013-14. What is the cost inflation index
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eAnswers Team
Cost Inflation Index is basically is a protocol or an index which helps in reducing the inflationary gains, and therefore reduces the long-term capital gains tax payout for a taxpayer. It is useful for income-tax assesses in the computation of tax on long-term capital gains.
eAnswers Team
Cost Inflation Index is basically is a protocol or an index which helps in reducing the inflationary gains, and therefore reduces the long-term capital gains tax payout for a taxpayer. It is useful for income-tax assesses in the computation of tax on long-term capital gains.
eAnswers Team
Cost Inflation Index is basically is a protocol or an index which helps in reducing the inflationary gains, and therefore reduces the long-term capital gains tax payout for a taxpayer. It is useful for income-tax assesses in the computation of tax on long-term capital gains.