Cost Inflation Index for 2013-14 Notified.

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The Central Board of Direct Taxes has notified the Cost Inflation Index for the year 2013-14.

Cost Inflation Index for 2013-14 is 939

The relevant Notification is reproduced below :-GOVERNMENT OF INDIA

MINISTRYOF FINANCE

DEPARTMENT OF REVENUE
CENTRAL BOARD OF DIRECT TAXES
NOTIFICATION No. 40/20136/8/13
INCOME-TAX
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), CentralBoard 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


[F.No.142/7/2013-TPL]
Ashis Mohanty

 

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