Q1: Mr. Raja purchased a piece of land in May, 2004 for $ 84,000 and sold the same in April, 2019 for $1,010,000 (brokerage $10,000). What will be the taxable capital gain in the hands of Mr. Raja? And the tax payable if the capital gain tax is 10%? Financial year Cost Inflation Index (CH) 100 2001-02 2002-03 2003-04 105 109 113 117 2004-05 2005-06 2006-07 2007-08 2008-09 122 129 137 148 2009-10 2010-11 167 184 2011-12 2012-13 2013-14 200 220 2014-15 240 254 2015-16 2016-17 2017-18 264 272 2018-19 280