On
05-06-17 CBDT has vide Notification No. 44/2017 issued Cost Inflation indexes
with Base Year as 2001-02 for the Financial Year 2001-02 to 2017-18 and effective from Financial Year 2017-18 i.e
for all capital gain during Financial Year 2017-18.
The Central
Government has specified 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
|
||
|
SI. 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
|
This
notification is effective from 1st day of April, 2018 and shall accordingly apply to the
assessment year 2018-19 i.e Financial Year 2017-18 and subsequent years.
