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ABCAUS Excel for Chartered Accountants

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Chartered Accountants

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 GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF DIRECT TAXES

Notification No. 60/2015

New Delhi, the 24 th   July, 2015

S.O.  (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 20 th  August 1998 namely : -

2.  In the said notification in the Table after serial number 34 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)

“35

2015-16

1081”

[F. No. 142/10/2015-TPL]

Gaurav Kanaujia
Director to the Government of India

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 20 th  August 1998 and last amended vide number S.O. 1498(E), dated the 11 th  June 2014.

Up-to-date Table of Cost Inflation Index (CI) from 1980-81 to 2015-16

Sl.No

Financial Year

Cost Inflation Index

% Growth

Sl.No

Financial Year

Cost Inflation Index

% Growth

1

1981-82

100

-

18

1998-99

351

6.04%

2

1982-83

109

9.00%

19

1999-00

389

10.83%

3

1983-84

116

6.42%

20

2000-01

406

4.37%

4

1984-85

125

7.76%

21

2001-02

426

4.93%

5

1985-86

133

6.40%

22

2002-03

447

4.93%

6

1986-87

140

5.26%

23

2003-04

463

3.58%

7

1987-88

150

7.14%

24

2004-05

480

3.67%

8

1988-89

161

7.33%

25

2005-06

497

3.54%

9

1989-90

172

6.83%

26

2006-07

519

4.43%

10

1990-91

182

5.81%

27

2007-08

551

6.17%

11

1991-92

199

9.34%

28

2008-09

582

5.63%

12

1992-93

223

12.06%

29

2009-10

632

8.59%

13

1993-94

244

9.42%

30

2010-11

711

12.50%

14

1994-95

259

6.15%

31

2011-12

785

10.41%

15

1995-96

281

8.49%

32

2012-13

852

8.54%

16

1996-97

305

8.54%

33

2013-14

939

10.21%

17

1997-98

331

8.52%

34

2014-15

1024

9.05%

 

 

 

 

35

2015-16

1081

5.56%

 

Cost Inflation Index (CII) for the Financial Year 2015-16 Notified. CII for FY 2015-16 is 1081. Latest Up to Date Table of CII from FY 1981-82 to FY 2015-16 | 24-07-2015 |

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