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Cost-Inflation-Index

 

Cost Inflation Index

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Cost inflation index (CII) as notified by Central Government from 1981-82 to 2018-19 is as under-

(i) Cost Inflation Index- applicable on or after 01.04.2017-

Up to financial year 2016-17, capital gain was calculated with 1981 as the base year, means that the purchase price of an asset bought before April 1, 1981 could be calculated on the basis of the fair market value of 1981.

Now on, the purchase price will be calculated based on the fair market value of 2001. Accordingly, capital gains on assets acquired before 1 April, 2001 will also be calculated using fair market value as on 2001 and the cost of improvement shall include only those capital expenses which are incurred after 01.04.2001.

   

Cost inflation index for Long Term Capital Assets sold after 01.04.2017 as notified by CBDT Notification No. 44/2017 dated 05.06.2017–

S. No.

Financial Year

Cost Inflation Index

1

2001-02

100

2

2002-03

105

3

2003-04

109

4

2004-05

113

5

2005-06

117

6

2006-07

122

7

2007-08

129

8

2008-09

137

9

2009-10

148

10

2010-11

167

11

2011-12

184

12

2012-13

200

13

2013-14

220

14

2014-15

240

15

2015-16

254

16

2016-17

264

17

2017-18

272

18

2018-19

280

 

 

(ii) Cost Inflation Index- applicable from Financial Year 1981-82 To Financial Year 2016-17-

S. No.

Financial Year

Cost Inflation Index

1

1981-1982

100

2

1982-1983

109

3

1983-1984

116

4

1984-1985

125

5

1985-1986

133

6

1986-1987

140

7

1987-1988

150

8

1988-1989

161

9

1989-1990

172

10

1990-1991

182

11

1991-1992

199

12

1992-1993

223

13

1993-1994

244

14

1994-1995

259

15

1995-1996

281

16

1996-1997

305

17

1997-1998

331

18

1998-1999

351

19

1999-2000

389

20

2000-2001

406

21

2001-2002

426

22

2002-2003

447

23

2003-2004

463

24

2004-2005

480

25

2005-2006

497

26

2006-2007

519

27

2007-2008

551

28

2008-2009

582

29

2009-2010

632

30

2010-2011

711

31

2011-2012

785

32

2012-2013

852

33

2013-2014

939

34

2014-2015

1024

35

2015-2016

1081

36

2016-2017

1125

 




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