Capital gains exemptions and the cost inflation index
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Updated 03 Oct 2026
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AI summary
Save tax by reinvesting in a house or bonds, and the full CII table for indexation.
2 sections
Reinvestment exemptions (sections 82 to 88, old 54 series)
| Section (old) | Sell | Reinvest in | Time |
|---|---|---|---|
| 82 (54) | Residential house | One house (two, once in life, if gain ≤ ₹2 crore) | Buy 1 yr before / 2 yrs after; build in 3 yrs |
| 83 (54B) | Agricultural land | Agricultural land | 2 years |
| 85 (54EC) | Land or building | NHAI/REC and other notified bonds, up to ₹50 lakh | 6 months |
| 86 (54F) | Any long-term asset other than a house | One residential house (proportionate exemption) | Same as section 82 |
- The house exemptions are capped at ₹10 crore of investment.
- If you can't invest before the ITR due date, deposit the amount in the Capital Gains Account Scheme at a bank.
Cost inflation index (base 2001-02 = 100)
| Year | CII | Year | CII |
|---|---|---|---|
| 2001-02 | 100 | 2014-15 | 240 |
| 2002-03 | 105 | 2015-16 | 254 |
| 2003-04 | 109 | 2016-17 | 264 |
| 2004-05 | 113 | 2017-18 | 272 |
| 2005-06 | 117 | 2018-19 | 280 |
| 2006-07 | 122 | 2019-20 | 289 |
| 2007-08 | 129 | 2020-21 | 301 |
| 2008-09 | 137 | 2021-22 | 317 |
| 2009-10 | 148 | 2022-23 | 331 |
| 2010-11 | 167 | 2023-24 | 348 |
| 2011-12 | 184 | 2024-25 | 363 |
| 2012-13 | 200 | 2025-26 | 376 |
| 2013-14 | 220 | 2026-27 | 384 |
Indexed cost = cost × CII of year of sale ÷ CII of year of purchase (or 2001-02 for older assets, using fair market value on 1 April 2001).
Sources
#section 54#section 54f#54ec bonds#capital gain exemption#cost inflation index#cii 2026-27#384#indexation#section 82
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