26 July 2010

CII- 2010-11 - 711

NOTIFICATION NO. 59/2010, DATED July 21, 2010

SECTION 48, EXPLANATION (V) OF THE INCOME-TAX ACT, 1961 – NOTIFIED COST INFLATION INDEX FOR FINANCIAL YEAR 2010-2011

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 specifies the Cost Inflation Index for the Financial Year commencing from the 1st day of April, 2010 and ending on the 31st day of March, 2011 and for that purpose further 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.2292(E), dated the 9th September, 2009, namely:-

In the said notification, in the Table, after serial number 29 and the entries relating, thereto, the following serial number and entries shall be inserted, namely :—

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"30 2010-11 711"

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FULL CHART OF COST INFLATION INDEX OF 1981-2009 IS GIVEN BELOW

COST INFLATION INDEX
Financial YearCost Inflation IndexFinancial YearCost Inflation Index
1981-19821001996-1997305
1982-19831091997-1998331
1983-19841161998-1999351
1984-19851251999-2000389
1985-19861332000-2001406
1986-19871402001-2002426
1987-19881502002-2003447
1988-19891612003-2004463
1989-19901722004-2005480
1990-19911822005-2006497
1991-19921992006-2007519
1992-19932232007-2008551
1993-19942442008-2009582
1994-19952592009-2010632
1995-19962812010-2011711

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