14 August 2025
One of my client is a NRI and she sold a property on 2.4.2024. The property was purchased in 2018. My query is what will be the index for AY 25-26. Whether it is 363 or 376. Although the portal shows it is 363, I recall a news came in Patrika where it was reported that if one makes sales of a property before 23.7.2024 , then the index will be 376 instead of 363. Can anyone explain please. SNU
14 August 2025
The Cost Inflation Index (CII) for the FY 2025-26 has been notified as "376". This will be used to compute the indexed cost of acquisition for assets sold in FY 2025-26. This new index number will take effect on April 1, 2026. For complete FY 2024-25 (AY 2025-26) the CII remains constant at '363'.