COST INFLATION INDEX FOR F. YEAR 2013-14

Central Board of Direct Taxes vide its notification  no. 40/2013 dated 06/06/2013 has notified Cost Inflation Index for Financial Year 2013-14 as 939. Relevant Circular is reproduced here below for your reference:

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF REVENUE

CENTRAL BOARD OF DIRECT TAXES

NOTIFICATION

INCOME-TAX

New Delhi, the 6th day of June, 2013

S.O. 1464(E) - In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), Central Board of Direct Taxes published in the Gazette of India, Extraordinary, vide number S.O. 709(E), dated the 20th August, 1998, namely:-
2. In the said notification, in the Table, after serial number 32 and the entries relating thereto, the following serial number and entries shall be inserted, namely:-
Sl. No.         Financial Year                      Cost Inflation Index
(1)                       (2)                                         (3)

33                  2013-14                                   939 

[Notification No.40/2013/F.No.142/7/2013-TPL]

[Ashis Mohanty]

Under Secretary to Government of India

Note:- The principal notification was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section(ii), vide number S.O.709(E), dated the 20th August, 1998 and lastly amended vide number S.O.2187 (E), dated the 17th September, 2012.