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CBDT notifies Cost Inflation Index for FY 2015-16 (AY 2016-2017)

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CBDT notifies Cost Inflation Index for Financial Year 2015-16 (AY 2016-2017)  –  1081

For details on Cost inflation Index for other years (1981 to 2015) , please click on this link

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

Notification No. 60/2015

New Delhi, Dated- 24th   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 20th  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  
“35 2015-2016 1081 “

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

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