Cost Inflation Index for Financial Year 2013-14 Notified by CBDT

CBDT (Central Board of Direct Taxes) has notified the Cost Inflation Index (CII) for the  Financial Year 2013-14  at 939 vide Notification no.40/2013[F.NO.142/7/2013-TPL]/SO 1464(E), Dated June 6, 2013.

Now Indexation of Cost of Acquisition and Cost of Improvement in Long Term Capital Gain Calculation is to be done by taking 939 as Index for Financial year 2013-14.

Find Cost Inflation Index for all the  previous Financial Years here.

In the above mentioned notification, S.no 33 is added pertaining to FY 2013-14

Cost Inflation Index FY 2013-14

Full Notification in both Hindi and English version is reproduced here below for your reference:

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