COST OF INFLATION INDEX

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COST INFLATION INDEX FOR CALCULATING CAPITAL GAIN IN INCOME TAX IS '632' FOR THE FINANCIAL YEAR 2009-10(AY 2010-11), IT IS APPLICABLE FOR MAY 2010 AND NOVEMBER 2010 EXAMS................

Replies (4)

yes it is applicable because the exam will be held in ay 2010-11 and all things applicable to 10-11 will be applicable for the exams...

Dear Gopi, all those amendment which are related to A.Y. 2010-11 is applicable in May & November 2010 attempt.

i think Gopi was giving us an info rather than asking a query....is it so dude?

yes dude........

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