• Aug 31, 2026
• 7 min read

Demystifying the Cost Inflation Index (CII) for Long-Term Assets in Incometax Efiling

Understand CII, indexation benefit, capital gains deduction and its role in incometax efiling for long-term assets with practical examples.

Selling a property, land, or another long-term capital asset can create a sizeable tax liability if the capital gain is not calculated correctly. This is where the Cost Inflation Index (CII) becomes important. During incometax efiling, taxpayers often see terms such as indexed cost, indexation benefit and long-term capital gains...

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