Cost Inflation Index for Financial Year 2013-2014
Income tax department has notified Cost inflation index(CII) for the financial year 2013-14. Income tax department has issued notification No. 40 dated 6 June 2013 related to the cost inflation index for the financial year2013-14 and CII is 939. Full notification as well as cost inflation index of 33 years starting from financial year 1981-82 is as follows.
New Delhi, the 6th day of June, 2013
S.O. 1464(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 amendment 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 32 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) "33 2013-14 939"
[Notification No.40/2013/F.No.142/7/2013-TPL]
Financial Year
|
Cost Index Inflation Index
|
| 1981-1982 | 100 |
| 1982-1983 | 109 |
| 1983-1984 | 116 |
| 1984-1985 | 125 |
| 1985-1986 | 133 |
| 1986-1987 | 140 |
| 1987-1988 | 150 |
| 1988-1989 | 161 |
| 1989-1990 | 172 |
| 1990-1991 | 182 |
| 1991-1992 | 199 |
| 1992-1993 | 223 |
| 1993-1994 | 244 |
| 1994-1995 | 259 |
| 1995-1996 | 281 |
| 1996-1997 | 305 |
| 1997-1998 | 331 |
| 1998-1999 | 351 |
| 1999-2000 | 389 |
| 2000-2001 | 406 |
| 2001-2002 | 426 |
| 2002-2003 | 447 |
| 2003-2004 | 463 |
| 2004-2005 | 480 |
| 2005-2006 | 497 |
| 2006-2007 | 519 |
| 2007-2008 | 551 |
| 2008-2009 | 582 |
| 2009-2010 | 632 |
| 2010-2011 | 711 |
| 2011-2012 | 785 |
| 2012-2013 | 852 |
| 2013-2014 | 939 |
Best Regards Prakash Nair
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