Cost Inflation Index of 348 provisional, final number to be notified soon: Clarifies CBDT:
The cost Inflation Index of 348 for FY 2023-24 is provisional & the final number shall be notified in due course.
Income Tax Cost Inflation Index
CA Pratibha Goyal
Apr 12, 2023Cost Inflation Index of 348 provisional, final number to be notified soon: Clarifies CBDT
Central Board of Direct Tax (CBDT) has notified the Cost Inflation Index (CII) for FY 2023-2024 vide Notification No. 21/2023 dated 10th April 2023.
CBDT notifies cost Inflation index of FY 2023-24
As clarified by CBDT on it's Twitter handle, the Cost Inflation Index for FY 2023-24 relevant to AY 2024-25 & subsequent years is 348, which is provisional & the final number shall be notified in due course.
As clarified by CBDT on it's Twitter handle, the Cost Inflation Index for FY 2023-24 relevant to AY 2024-25 & subsequent years is 348, which is provisional & the final number shall be notified in due course.About Author
CA Pratibha Goyal
Co Founder
CA Pratibha Goyal is Chartered Accountant qualified in 2016, is a Member of The Institute of Chartered Accountants of India having wide experience in the field of Auditing, Taxation, ROC, GST and Secretarial matters etc.
She has written over a thousand articles & has made several videos on topics related to Auditing & Taxation. As a Speaker she has delivered various sessions on various branches of NIRC of ICAI.
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