Computation of Capital Gain
Capital gain tax calculated in the following manner
| Particulars | Amount |
| Full value of consideration | xxxx |
| Less: Transfer Expenses | xxx |
| Net consideration | xxxx |
| Less: Cost of Acquisition (COA) | xxx |
| Less: Cost of Improvement(COI) | xxx |
| Capital Gain | xxxx |
In case Long term Capital asset COA and COI should be indexed
Indexed COA
| INDEXED COST OF ACQUISITION = | COA*CII FOR THE YEAR OF TRANSFER | ||||||||
| CII FOR THE FIRST YEAR IN WHICH ASSET WAS HELD BY ASSESSEE 0R FOR YEAR 2001-02 , WHICH EVER IS LATER | |||||||||
Indexed COI
| INDEXED COST OF IMPROVEMENT = | COA*CII FOR THE YEAR OF TRANSFER | ||||||||
| CII FOR IN THE YEAR IN WHICH THE IMPROVEMENT TO THE ASSET TOOK PLACE | |||||||||
Notes
1. If asset acquired before 01/04/2001 then cost of acquisition is
- Actual Cost (or)
- Fair market value as on 01/04/2001
Which ever is higher
2. If improvement is done before 01/04/2001 , it should be ignore.
3. Cost of Inflation Index (CII)
| Financial Year | Cost Inflation Index (CII) |
| 2001-02 (Base year) | 100 |
| 2002-03 | 105 |
| 2003-04 | 109 |
| 2004-05 | 113 |
| 2005-06 | 117 |
| 2006-07 | 122 |
| 2007-08 | 129 |
| 2008-09 | 137 |
| 2009-10 | 148 |
| 2010-11 | 167 |
| 2011-12 | 184 |
| 2012-13 | 200 |
| 2013-14 | 220 |
| 2014-15 | 240 |
| 2015-16 | 254 |
| 2016-17 | 264 |
| 2017-18 | 272 |
| 2018-19 | 280 |
| 2019-20 | 289 |
| 2020-21 | 301 |
| 2021-22 | 317 |
| 2022-23 | 331 |
