Cost Inflation Index For Year 2024-25 2024250

Cost Inflation Index For Year 2024-25 2024250. Cost inflation index (cii) for the. This index is crucial for calculating indexed cost of acquisition, which adjusts purchase price of an asset for inflation.

The cost inflation index (cii) is used by taxpayers to compute gains arising out of sale of capital assets after adjusting inflation. Cost inflation index are used for computing indexed cost of acquisition.