Long term capital gain tax - building - calculation

Cost inflation index base year has been changed from 1981 to 2001 as per finance act 2017. Earlier base year was 1981. that is why you find two charts for CII. this is applicable from FY 2017-18 onwards.  To calculate capital gain tax you have you have to use CCI chart notified as on 5.6.2017. Further if this long term capital gain tax is not exempt then you should pay quarterly advance tax during FY 2018-19 itself to avoid interest under section 234B and 234C. For clarification you may contact.

umesh kumar- 9717597230