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How is indexed cost of acquisition calculation?

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0 2022-05-18T09:40:09+00:00
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Hi there,

The formula to calculate indexed cost of acquisition is:

Index acquisition cost calculation = Purchase price of the property x CII of the financial year in which property was sold / CII of purchase year of the property

You can read a detailed answer on this topic. I will provide the link below:

How To Calculate Indexed Cost Of Acquisition?

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