-
August 26, 2026
-
BySteffy A
Cost inflation Index for Financial Year 2002-03
Overview
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.
Cost Inflation Index for Financial Year 2002-03
The Cost Inflation Index for Financial Year 2002-03 is 105, with FY 2001-02 considered as the base year with a Cost Inflation Index of 100. The CII helps taxpayers adjust the acquisition cost of eligible capital assets for inflation while calculating applicable long-term capital gains.
Latest Update: Cost Inflation Index for FY 2026-27
The Central Government has notified the Cost Inflation Index (CII) for Financial Year 2026-27 at 384 through Notification No. 85/2026 dated 15 July 2026. The notification has been issued under Section 72(8)(a) of the Income-tax Act, 2025 and applies to Tax Year 2026-27 from 1 April 2026 and subsequent tax years. Readers looking for the latest CII can refer to our complete year-wise Cost Inflation Index table.
Learn more about the Cost Inflation Index for capital gain calculation and understand its meaning, calculation, and year-wise CII values.
About Ebizfiling
Ebizfiling is a trusted business compliance platform that helps startups, entrepreneurs, SMEs, and growing businesses manage their legal, tax, and regulatory requirements.
From business registration to tax filing and ongoing compliance, our team provides professional support to help businesses complete important filings accurately and on time.
Our Business Compliance Services
- Company and LLP registration
- Income Tax Return filing
- GST registration and return filing
- ROC filing and annual compliance
- Trademark registration
- Business licenses and registrations
- Ongoing legal and compliance support
Connect with Ebizfiling
Need assistance with tax filing, registration, or business compliance? Our experts are here to help you with the right guidance and professional support.
Website: ebizfiling.com
Contact: +91 9643203209
Income Tax Return Filing Services
Expert assistance for accurate and timely ITR filing.
About Ebizfiling -
September 7, 2026 By Steffy A
Health Insurance Deduction Under Section 126: Rules & Limits Introduction Health insurance protects families from rising medical costs and can also provide a tax benefit when the legal conditions are satisfied. Section 126 of the Income Tax Act, 2025 provides […]
August 29, 2026 By Steffy A
OPC Compliance Calendar September 2026: Key Due Dates Introduction The OPC Compliance Calendar September 2026 lists the major tax, GST, labour law, and ROC obligations that One Person Companies may need to complete during the month. September includes important compliances […]
August 29, 2026 By Steffy A
TDS and TCS Compliance Calendar September 2026: Key Deadlines Introduction The TDS and TCS Compliance Calendar September 2026 helps deductors, collectors, government offices, property buyers and eligible individuals or HUFs identify the forms applicable to them. Reviewing these requirements in […]