Circular No. 791/2000 — Cost inflation index — annual updates

Date: 2000-01-01 Status: ACTIVE Category: Capital Gains Binding on Department: Yes (Section 119 / Section 400 IT Act 2025)

Summary

Notifies cost inflation index for computation of indexed cost of acquisition.

Key Directions

  1. CII to be used for computing indexed cost of acquisition.
  2. Base year: FY 2001-02 (CII = 100).
  3. Updated annually by CBDT notification.

Applicability Under IT Act 2025

Saving Clause: Section 536 of IT Act 2025 saves circulars issued under the 1961 Act “so far as not inconsistent” with the new Act.

Old Section (1961 Act)New Section (2025 Act)Consistent?
4870Yes

Cross-References

Act Sections

  • Section 48
  • Section 70
  • None identified

Key Case Law (Circular Supremacy)

  • To be populated — cases where this circular was cited/applied

Full Text

Full text to be added — see raw/circulars/ for PDF when available

Source