Cost Inflation Index for Financial Year notified as 1125 - Amendments in Notification Number S.O. 709(E), dated the 20th August, 1998 - 42/2016 - Income Tax

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 42/2016 New Delhi, the 2nd June, 2016 INCOME-TAX S.O.1948(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 makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), Central Board of Direct Taxes, published in the Gazette of India, Extraordinary, vide number S.O. 709(E), dated the 20th August, 1998 , namely:- 2. In the said notification, in the Table, after serial number 35 and the entries relating thereto, the following serial number and entries shall be inserted, namely:- Sl. No. Financial Year Cost Inflation Index (1) (2) (3) 36 2016-17 1125 . [F.No.142/5/2016-TPL] PRAVIN RAWAL, Director Note: - The principal notification was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section(ii), vide number S.O.709(E), dated the 20th August, 1998 and last amended vide number S.O.2031(E), dated the 24 th July,2015.