#Facebook session expired 1 22 21 how to

Your investment made capital gains worth Rs 1,00,000. Hence, when you sold your investments, the value of your investments was Rs 3,00,000. Seven years later, you redeemed your investments in June 2021, at a value of Rs 3,00,000 ( 20,000 units Rs 15 each). Your investment amount was Rs 2,00,000 (20,000 units Rs 10 each). LetвЂ™s say you have invested in a debt fund in August 2014. ICoA = Original cost of acquisition * (CII of the year of sale/CII of year of purchase) Multiply this by the index as on the date of sale. The indexed cost is calculated with the help of a table of cost inflation index as given above.Дivide the cost at which you purchased the Property/Investment by the index as on the date of the purchase.

#Facebook session expired 1 22 21 how to

How to Calculate the Indexed cost of purchase or indexed cost of Acquisition (ICoA)? Financial YearД¬ost of Inflation Index Table for FY 2021-22 | AY 2022-23 You can take values from the table to compute the indexed or inflation-adjusted cost of acquisition. Latest Cost Inflation Index FY 2021-22 | CII Chart AY 2022-23Д«elow is theВ table ofВ Cost Inflation Index numbers, as stipulated by the Income Tax Department. IndexВ benefit is not allowedВ in case of bonds or debentures except capital indexation bonds or sovereign gold bonds issued by the RBI. TheВ CIIВ value cannot beВ usedВ to arrive at LTCG/LTCL on equity mutual funds. For example, in the cases of debt mutual funds, real-estate property, gold etc., Kindly note that CII is used to calculate inflation-adjusted cost only for those assets where inflation-adjusted (indexation benefit) is allowed. The indexed cost of acquisition is used in the calculation of Long-term capital gains (LTCG) or Long Term Capital Losses (LTCL). This CII number is important as it is used to arrive at the inflation adjusted purchasing price of assets (indexed cost of acquisition) which have been sold or planned to be sold in FY 2021-22. The base year was shifted from 1981 to 2001 in Budget 2017.