Income Tax Department notifies Cost Inflation Index for FY23 to calculate LTCG from properties, securities, jewellery
The Income Tax Department on Wednesday notified the cost inflation index for the current fiscal to calculate long-term capital gains arising from the sale of immovable property, securities and jewellery, as per PTI report.
According to PTI, the Cost Inflation Index for FY 2022-23 relevant to AY 2023-24 is 331. Pic: incometaxindia.gov.in