CII (Cost Inflation Index) for FY 2016-17 notified by CBDT

By | June 7, 2016
(Last Updated On: June 7, 2017)

CBDT has notified CII (Cost Inflation Index ) for Financial Year 2016-17 (Assessment Year 2017-18 ) at 1125

Read New CII Index Base Year 2001-02 Notified by CBDT for FY 2017-18 onwards

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
Notification No. 42/2016
New Delhi, the 2nd June, 2016

S.O.1948(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 20th August, 1998, namely:-

2. In the said notification, in the Table, after serial number 35 and the entries relating thereto, the following serial number and entries shall be inserted, namely:-

CII (Cost Inflation Index) for fy 2016-17

[Notification No. 42/2016/F.No.142/5/2016-TPL]

PRAVIN RAWAL, Director

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 20th August, 1998 and last amended vide number S.O.2031(E), dated the 24th July,2015.

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