Indexed cost of acquisition = cost of acquisition multiplied by the cost inflation index (CII) of the year in which asset is sold, divided by CII for the year in which plot was first held by previous owner or FY 2001-02 (whichever is later)
Indexed cost of acquisition = cost of acquisition multiplied by the cost inflation index (CII) of the year in which asset is sold, divided by CII for the year in which plot was first held by previous owner or FY 2001-02 (whichever is later)
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