Cost Inflation Index For Fy 2024-24. This comprehensive guide breaks it down in simple terms. The ministry of finance, through the central board of direct taxes (cbdt), issued notification no.
The cost inflation index (cii) for the. If arvind’s father sells his property in november 2014 at rs.36,00,000, he has the option to take the actual cost of rs.80,000, or fair market value on april 1, 1981 i.e.