CHARTERED ACCOUNTANT IN BANGALORE
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COST INFLATION INDEX

 
The Central Board of Direct Taxes (‘CBDT’) has recently issued a Notification providing for the Cost Inflation Index for FY 2010‐11. The provisions relating to Cost Inflation Index (‘CII’)
 
How to calculate Indexed cost of acquisition?
 
CII of the year of transfer
______________________  X     Cost of Acquisition
 
CII of the year of acquisition
 
 
FINANCIAL YEAR COST INFLATION INDEX
1981-82 100
1982-83 109
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
2000-01 406
2002-03 447
2001-02 426
2003-04 463
2004-05 480
2005-06 497
2006-07 519
2007-08 551
2008-09 582
2009-2010 632
2010-2011 711