What is Cost Inflation Index

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The cost of inflation index has been notified by the Central Government year wise, commencing from the financial year 1981-82, having regard to seventy-five percent of average rise in the Consumer Price Index for urban non-manual employees for the immediately preceding previous year to such previous year by notification in the Official Gazette specify. The cost of acquisition/improvement will, thus, be indexed with reference the rate of applicable for the relevant year.

The Government has notified the following Cost Inflation Index. There are those notification by which the CII has notified.

  • Vide Notification No.S.O. 510 (E) [F.No.142/34/2001-TPL] dt.11.06.2001.
  • Vide Notification No. 154/2002 [F.No.142/126/2002 - TPL], dt.19.6.2002.
  • Vide Notification No.179/2003 [F.No.142/11/2003- TPL], dt.24.7.2003.
  • Vide Notification No.149/2004 [F.No.142/11/2004 - TPL], dt.29.6.2004.
  • Vide Notification No.189/2005 [F.No.142/18/2005 - TPL], dt.12.8.2005.
  • Vide Notification No.270/2006, dt.19.9.2006.
  • Vide Notification No.214/2007 [F.No.142/5/2007 - TPL], dt.3.8.2007.
  • Vide Notification No.86/2008 [F. No.142/8/2008 - TPL], dt.13.8.2008.
  • The CLL for 2009-10 has been notified while the book goes is printing. The same can be obtained from the publisher as and when notified.
  • Vide NOTIFICATION NO. 35/2011 [F. NO. 142/5/2011-TPL], DATED 23-6-2011
S. No. Financial Year Cost Inflation Index
1 1981-82 100
2 1982-83 109
3 1983-84 116
4 1984-85 125
5 1985-86 133
6 1986-87 140
7 1987-88 150
8 1988-89 161
9 1989-90 172
10 1990-91 182
11 1991-92 199
12 1992-93 223
13 1993-94 244
14 1994-95 259
15 1995-96 281
16 1996-97 305
17 1997-98 331
18 1998-99 351
19 1999-00 389
20 2000-01 406
21 2001-02 426
22 2002-03 447
23 2003-04 463
24 2004-05 480
25 2005-06 497
26 2006-07 519
27 2007-08 551
28 2008-09 582
29 2009-10 632
30 2010-11 711
31 2011-12 785

Cost Inflation Index for the year A.Y.2013-14 has notified by the Income Tax Department i.e. 852.