Cost Inflation Index for Financial Year 2012-13 

It may be noted that Budget 2017/ Finance Act 2017 has proposed amendments in provisions relating to indexation for the purpose of determining long term capital gains. Base year has been shifted from FY 1981-82 to FY 2001-02. In respect of assets acquired prior to 1 Apr 2001, the assess now has the option to use FMV/ Indexed Cost of Acquisition for arriving at the figure of long term capital gains. It’s likely that investors in property will stand to gain in most of the cases with shifting of the base year for the purpose of indexation.

 

CBDT has notified the Cost Inflation Index (CII) for Financial Year 2012-13 at 200, with new Base Year 2001-02 (cost inflation index=100).

 

Know CII for all years at once place.

 

Need help in filing your Income tax return? Get experts help at ebizfiling.com.

 

Get Started With Your ITR Filing Now

About Ebizfiling -

EbizFiling is a concept that emerged with the progressive and intellectual mindset of like-minded people. It aims at delivering the end-to-end corporate legal services 0f incorporation, compliance, advisory, and management consultancy services to clients in India and abroad in all the best possible ways.
 
To know more about our services and for a free consultation, get in touch with our team on  info@ebizfiling.com or call 9643203209.
 
Ebizfiling

Author: ishita

Ishita Ramani is the Operations Director at Ebizfiling, with extensive experience in managing business operations and statutory compliance in India. She has led cross-functional teams of professionals, including CAs, CSs, and legal experts, and specializes in company registration, regulatory compliance, and business advisory. She focuses on building efficient processes and simplifying compliance for startups and growing businesses.

Follow Author

Leave a Reply

Your email address will not be published. Required fields are marked *

    • Section 263(6) of Income Tax Act 2025 key tax changes explained
      • Income Tax Returns

      June 26, 2026 By Steffy A

        Section 263(6) of the Income Tax Act Guide

        Updated Return Under Section 263(6) of the Income tax Act 2025 Introduction Section 263(6) of the Income tax Act, 2025 introduces the provisions relating to Updated Returns (ITR-U), allowing taxpayers to voluntarily correct errors, disclose omitted income, or update previously […]

      • Who needs a tax audit under Section 63 of the Income Tax Act 2025
        • Income Tax Returns

        June 26, 2026 By Steffy A

          Section 63 of the Income Tax Act

          Section 63 of the Income Tax Act 2025: Tax Audit Applicability Overview Section 63 of the Income-Tax Act, 2025 is the new provision governing tax audit requirements in India. It replaces Section 44AB of the Income Tax Act, 1961 and […]

        • Why non-residents need Form 41 for claiming DTAA tax benefits
          • Tax & Return filing

          June 25, 2026 By Steffy A

            Form 41 for Non Residents Under the Income Tax Act

            Form 41 for Non-Residents: Complete Filing Guide for 2026 In Brief Form 41 for Non-Residents has become an important compliance requirement for foreign individuals and companies seeking DTAA benefits on income earned from India. If you have been claiming treaty […]

        Hi, Welcome to EbizFiling!

        Hello there!!! Let us know if you have any Questions.

        Thank you for your message.

        whatsapp