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, 2023 |

Cost Inflation Index of 348 provisional, final number to be notified soon: Clarifies CBDT

Cost 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.

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CA Pratibha Goyal
Designation: Co Founder
Company: Studycafe
Location: Delhi, India
Total Posts: 1168

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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