Indexing for LTCG of securities

AR (RETIRED) (52 Points)

09 March 2024  
  1. I have sold a number of equites in 2023, all bought during 2019.
  2. I have also sold one equity in 2023, but this one was bought in 2006.
  3. I have also sold one equity in 2023, but this one was bought in 1994.

 

  1. For Capital Gain taxation, can I process (1) above without indexation, taxable at 10% and for items (2) and (3) above, with indexation, taxable at 20%.

 

  1. Secondly, how to calculate CII for 2023 for shares purchased in 1994 and 2006, considering the fact that the CII base was changed to 100 in 2001-2002 from 100 in 1981-1982.