Income Tax

Cost Inflation Index for FY 2020-21 notified by CBDT. Up-to-date Table / Chart of CII

Cost Inflation Index for FY 2020-21 notified by CBDT. Up-to-date Cost Inflation Index Table / Chart from FY 2001-02 to FY 2020-21

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)

Notification No. 32/2020

New Delhi, the 12th June, 2020

Income-Tax

S.O.1879(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, Ministry of Finance (Department of Revenue), Central Board of Direct Taxes, published in the Gazette of India, Extraordinary, vide number S.O. 1790(E), dated the 5th June, 2017, namely:—

2. In the said notification, in the Table, after serial number 19, the following serial number and entries relating thereto, shall be inserted, namely:—

Sl. No. Financial Year Cost Inflation Index
(1) (2) (3)
“20 2020-21 301″

3.This notification shall come into force with effect from 1st day of April, 2021 and shall accordingly apply to the assessment year 2021-22 and subsequent years.

[F.No.370142/17/2020-TPL]

ANKIT JAIN, Under Secy. (Tax Policy and Legislation)

Note:-The principal notification was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), vide number S.O. 1790(E), dated the 5th June, 2017 and last amended by the notification number S.O.3266 (E), dated the 12th September,2019.

Download Notification Click Here >>

Cost Inflation Index Chart / Table

Up-to-date Cost Inflation Indexation Chart / Table from FY 2001-02 to FY 2020-21

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
18 2018-19 280
19 2019-20 289
20 2020-21 301

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