MAPIN CARD & CII
This query is : Resolved
27 October 2009
Plz. anybody answer the following :-
1)What is MAPIN Card ?
2)Whai is the Cost Inflation Index(CII) for calculation of Indexed Cost in Capital Gain Income for the Yr.s 08-09 & 09-10 ?
1)What is MAPIN Card ?
2)Whai is the Cost Inflation Index(CII) for calculation of Indexed Cost in Capital Gain Income for the Yr.s 08-09 & 09-10 ?
28 October 2009
1. MAPIN card was rquired for share trading. But currently no such requirement.
2. CII F. Y. 2008 - 09 - 582
F. Y. 2009 - 10 - 632
2. CII F. Y. 2008 - 09 - 582
F. Y. 2009 - 10 - 632
28 October 2009
MAPIN cards are unique ID number cards like PAN cards, that are required by the Securities and Exchange Board of India (SEBI) for any investor who enters a transaction in the securities market of Rs 1 lakh or more.
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