What is cii in income tax?

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Question: What is cii in income tax?

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Cost inflation index calculates the estimated rise in the cost of goods and assets year-by-year as a result of inflation. The taxes on these gains will be paid by you while filing your income tax returns ( ITR) for FY 2020-21 (AY 2021-22). The taxes on these gains will be paid by you while filing your income tax returns ( ITR) for FY 2020-21 (AY 2021-22). 5 days ago · How is Cost Inflation Index used in Income Tax? What is the concept of base year in Cost Inflation Index? Why is the base year of Cost Inflation.

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Anant

Anant

Tulsa, United States

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