Cost Inflation Index as applicable from Financial Year 2017-18 i.e. Assessment Year 2018-2019 - 44/2017 - Income Tax

Cost Inflation Index as Applicable w.e.f. Financial Year 2017-18 [ for earlier period, please visit this URL ] 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:- TABLE 2018-19 Sl. No. Financial Year Cost Inflation Index (1) (2) (3) 1 2001-02 100 2 2002-03 105 3 2003-04 109 4 2004-05 113 5 2005-06 117 6 2006-07 122 7 2007-08 129 8 2008-09 137 9 2009-10 148 10 2010-11 167 11 2011-12 184 12 2012-13 200 13 2013-14 220 14 2014-15 240 15 2015-16 254 16 2016-17 264 17 2017-18 272 1 [ 18 2018-19 280 ] 2 [19. 2019-20 289 ] 3 [ 20. 2020-21 301 ] 4 [ 21. 2021-2022 317 ] 5 [ 22. 2022-23 331 ] 6 [23. 2023-24 348 ] 7 [ 24. 2024-25 363 ] 2. 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. [F.No.370142/11/2017-TPL] ABHISHEK GAUTAM, Under Secy. (Tax Policy Legislation) ************** Notes 1. Inserted vide Notification No. 26/2018 dated 13-06-2018 w.e.f 01-04-2019 (Assessment year 2019-20) 2. Inserted vide Notification No. 26/2018 dated 13-06-2018 w.e.f 01-04-2020 ( Assessment Year 2020-2021) 3. Inserted vide NOTIFICATION NO. 32/2020 dated 12-06-2020 w.e.f. 01-04-2021 (Assessment Year 2021-22) 4. Inserted vide NOTIFICATION NO. 73/2021 dated 15-06-2021 w.e.f. 01-04-2022 (Assessment Year 2022-2023) 5. Inserted vide NOTIFICATION NO. 62/2022 dated 14-06-2022 w.e.f. 01-04-2023 (Assessment Year 2023-24) 6. Inserted vide Notification No. 21/2023, dated 10.04.2023 , w.e.f. 01.04.2024 (Assessment Year 2024-25) 7. Inserted vide NOTIFICATION NO. 44/2024 dated 24-05-2024 w.e.f. 01-04-2025 (Assessment Year 2025-26)