Cost Inflation Index for FY 2012-13 Notified at 852

Readers will recall that the Cost Inflation Index (CII) for purposes of computing the Indexed Cost of Acquisition for computation of Long Term Capital Gains for FY 2011-12 was 785. As against the same the Central Govt. has notified the CII for FY 2012-13 at 852.

This represents a 8.5% increase over the last year.

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