banner_ad

Which cii table to use

Tax queries 251 views 5 replies

I purchased a flat in Hyderabad in May 1994. I sold it in May 2019. Which CII should be used to calculate LTCG please.

Replies (5)
The recent one which starts by taking 2001-02 as base year.

But that index applies to the years 2001 onwards. For this base year CII is 100 but for 1994 as per the new table of IT Department, CII is zero. Then the indexed purchase coast for 2019 is infinite. Could I use a CII of 100 (applicable to 2001) to 1994 also?

CII Table updated by Income Tax Department. Old and New Index Values are available.

https://www.incometaxindia.gov.in/Pages/utilities/Cost-Inflation-Index.aspx

CII Table updated by Income Tax Department. Old and New Index Values are available.

https://www.incometaxindia.gov.in/Pages/utilities/Cost-Inflation-Index.aspx

Thank you very much.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details