CBDT : Cost Inflation indexes CII - with Base Year as 2001-02, 2017-18 CII 272..! - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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CBDT : Cost Inflation indexes CII - with Base Year as 2001-02, 2017-18 CII 272..!

CBDT : Cost Inflation indexes CII - with Base Year as 2001-02, 2017-18 CII 272..!

CBDT has vice Notification No. 44/2017 notified Cost Inflation indexes with Base Year as 2001-02 for the Financial Year 2001-02 to 2017-18 and same are applicable from Financial Year 2017-18.
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TEXES)
NOTIFICATION NO. 44/2017
New Delhi, the 5th June, 2017
INCOME-TAX
S.O. 1790(E).—In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the Cost Inflation Index as mentioned in column (3) of the Table for the Financial Years mentioned in the corresponding entry in column (2) of the said Table, namely:—

 Financial Year        Cost Inflation Index
                 2001-02             100
                2002-03               105
               2003-04                 109
               2004-05                  113
               2005-06                 117
               2006-07                 122
               2007-08                 129
              2008-09                  137
             2009-10                  148
             2010-11                   167
            2011-12                   184
            2012-13                    200
            2013-14                  220
            2014-15                  240
            2015-16                   254
            2016-17                   264
           2017-18                       272


This notification shall come into force with effect from 1st day of April, 2018 and shall accordingly apply to the assessment year 2018-19 and subsequent years.
Notification No. 44/2017/F.No.370142/11/2017-TPL
ABHISHEK GAUTAM,
Under Secy. (Tax Policy & Legislation)



CBDT : Cost Inflation indexes CII - with Base Year as 2001-02, 2017-18 CII 272..! Reviewed by S. Chitra on June 08, 2017 Rating: 5 CBDT : Cost Inflation indexes CII - with Base Year as 2001-02, 2017-18 CII 272..! CBDT has vice Notification No. 44/2017 notified Cost...

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