Indexed cost of acquisition

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... acquisition of an investment asset shall be the amount determined in accordance with the formula A X B/ C Where A = the cost of acquisition of the asset; B = the Cost Inflation Index for the financial .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... here A = the cost of improvement; B = the Cost Inflation Index for the financial year in which the asset is transferred; C = the Cost Inflation Index for the financial year immediately following the f .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X