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    Sep 10, 2009

    COST INFLATION INDEX 2009-10 NOTIFIED

    Today (09.09.2009) Cost Inflation index for Financial Year 2009-10 Has been notified.The Index is to be used for the calculation of Long term capital Gain on Capital assets .More over person who has sold their assets in April & looking to invest money in Bonds is looking for this Notification as time limit for investment as per section 54EC is 6month from date of transfer of capital assets which is going to be expire in October 2009 for such persons.





    NOTIFICATION NO : 67/2009, Dated: September 9, 2009

    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), Central Board of Direct Taxes, number S.O.709(E), dated the 20th August, 1998, namely :-

    In the said notification, in the Table, after serial number 28 and the entries relating thereto, the following serial number and entries shall be inserted, namely:-
    “29 2009-10 632”

    F.No.142/13/ 2009-TPL

    (Vijay Kumar Jaiswal)
    Under Secretary (TPL-IV)

    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 was last amended vide number S.O. 2037(E), dated the 13th August, 2008.

    COST INFLATION INDEX FROM THE FINANCIAL YEAR 1981-82

    Financial Year


    (CII)


    1981-82


    100

    1982-83


    109

    1983-84


    116

    1984-85


    125

    1985-86


    133

    1986-87


    140

    1987-88


    150

    1988-89


    161

    1989-90


    172

    1990-91


    182

    1991-92


    199

    1992-93


    223

    1993-94


    244

    1994-95


    259

    1995-96


    281

    1996-97


    305

    1997-98


    331

    1998-99


    351

    1999-2000


    389

    2000-2001


    406

    2001-2002


    426

    2002-2003


    447

    2003-2004


    463

    2004-2005


    480

    2005-2006


    497

    2006-2007


    519

    2007-2008


    551

    2008-2009


    582

    2009-2010


    632

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