Income Tax Notification No.21/2023 || CBDT Notified the Cost Inflation Index for the FY 2023-24 (AY 2024-25)

The Central Government hereby makes the following Further Amendments in the Notification of the Government of India, Ministry of Finance (Department of Revenue), Central Board of Direct Taxes, Published in the Gazette of India, Extraordinary, vide Notification No. 44/2017 dated June 5th 2017 namely;

In the said Notification, in the TABLE, after Serial Number 22, the following Serial Number and Entries relating thereto, shall be inserted, namely;

  • S.No. – 23
  • Financial Year – 2023-24
  • Cost Inflation Index (CCI) [Provisional] – 348

This notification shall come into force with effect from April 1st 2024 and shall, accordingly, apply in relation to the AY 2024-25 and subsequent Assessment Years.

The Notification can be Accessed at Click Here

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *