# Cost Inflation Index (CII)- for LTCG Calculation

Cost inflation index mainly used for calculation of long term capital gain (LTCG).

## Current Cost Inflation Index Table

Financial YearCII for the Year
2001-02 : Base Year100
2002-03105
2003-04109
2004-05113
2005-06117
2006-07122
2007-08129
2008-09137
2009-10148
2010-11167
2011-12184
2012-13200
2013-14220
2014-15240
2015-16254
2016-17264
2017-18272
2018-19280
2019-20289
2020-21301
2021-22317
2022-23331
2023-24348
2024-25363

## Indexed Cost of Acquisition Formula

Indexed Cost of Acquisition = CII for the year of Transfer * Cost of Acquisition / CII for the First Year or Financial Year 2001-02, Whichever is later

### In which year Cost Inflation Index was introduced in India?

In the year 1981, the Cost Inflation Index was introduced and later Base year changed to F.Y. 2001-02 (FMV on 1st April, 2001) and CBDT notifies the Cost Inflation Index every year in the official gazette.

### What is the Cost Inflation Index for the Financial Year 2023-24 (Assessment Year 2024-25)?

The cost inflation index for the Financial Year 2023-24 is 348.

### What is Excel Formula for Cost Inflation Index Calcualtion for LTCG?

Excel Formula =C3/C8*C9
Where,
C3= Cost of Acquisition
C8= CII for the Year of Acquisition
C9= CII for the year of Transfer

### What is Full Form of CII?

CII Stand For “Cost Inflation Index” which is used in Calculation of LTCG in Income Tax.

### What is the Cost Inflation Index for the Financial Year 2024-25 (Assessment Year 2025-26)?

The cost inflation index for the Financial Year 2024-25 is 363.

## Excel Sheet for CII Calculation

#### Sources

Incometaxindia.gov.in