Indexed cost of Acquisition & Improvement - Income Tax - Ready Reckoner - Income Tax

Indexed cost of Acquisition Indexed cost of Improvement While computing long term capital gains: Indexed Cost Of Acquisition shall be taken instead of Cost Of Acquisition Indexed Cost Of any Improvement shall be taken instead of Cost Of any Improvement Notes: Indexed Cost of Acquisition means: Indexed Cost of any improvement means: Cases Where Benefit of Indexation is not Available in the case of Long Term Capital Capital assets Who is the transferor Bonds or debentures [other than capital indexed bonds issued by the government or Sovereign Gold Bond issued by RBI under Sovereign Gold Bond Scheme, 2015 Any person Shares in or debentures of an Indian company acquired by utilizing convertible foreign exchange as mentioned in first proviso to Section 48 Non-resident Depreciable Asset (other than an asset used by a power generating unit eligible for depreciation on straight line basis) Any person Undertaking/ division transferred by way of Slump Sale Any person Units purchased in foreign currency ( Sec. 115AB ) Offshore fund GDR purchased in foreign currency ( Sec. 115AC ) Non-resident GDR purchased in foreign currency ( Sec. 115ACA ) Resident Individual Transfer of securities by Foreign Institutional Investors ( Sec 115AD ) Foreign Institutional Investors (FII)