dear sir can anyone plz give web address to find out the land index rate to calculate capital gain
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Land valuation index
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| SI. No. | Financial Year(FY) | Assessment Year(AY) | Cost Inflation Index |
| 1 | 2001-02 | 2002-03 | 100 |
| 2 | 2002-03 | 2003-04 | 105 |
| 3 | 2003-04 | 2004-05 | 109 |
| 4 | 2004-05 | 2005-06 | 113 |
| 5 | 2005-06 | 2006-07 | 117 |
| 6 | 2006-07 | 2007-08 | 122 |
| 7 | 2007-08 | 2008-09 | 129 |
| 8 | 2008-09 | 2009-10 | 137 |
| 9 | 2009-10 | 2010-11 | 148 |
| 10 | 2010-11 | 2011-12 | 167 |
| 11 | 2011-12 | 2012-13 | 184 |
| 12 | 2012-13 | 2013-14 | 200 |
| 13 | 2013-14 | 2014-15 | 220 |
| 14 | 2014-15 | 2015-16 | 240 |
| 15 | 2015-16 | 2016-17 | 254 |
| 16 | 2016-17 | 2017-18 | 264 |
| 17 | 2017-18 | 2018-19 | 272 |
how is capital gain calculated.
land purchased sept 2006 Rs.2.75 lakhs. sold sept 2017, Rs. 7.40 lakhs what is gain.
Value of land as per CII =2.75 Lacs /122*272 = 6.13115
Capital gain = 7.4-6.13115 = 1.27 Lacs
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