CII Index for FY 2023-24 is 348 : Download Notification
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 12th June, 2023
INCOME-TAX
S.O. 2571(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 22, the following serial number and entries relating
thereto, shall be inserted, namely:-
TABLE
| Sr No | Financial Year | Cost Inflation Index |
| (1) | (2) | (3) |
| 23 | 2023-24 | 348 |
3. This notification shall come into force with effect from the 1st day of April, 2024 and shall, accordingly,
apply to the assessment year 2024-25 and subsequent assessment years.
[Notification No. 39/2023/F. No.370142/5/2023-TPL]
RAMAN CHOPRA, Jt. Secy.
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 1692(E), dated the 10th April, 2023.
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