The Ministry of Finance (MoF) on April 10, 2023, issued a notification to further amend an older Notification No. S.O. 1790(E), dated June 05, 2017, related to the Cost Inflation Index
This notification shall come into force with effect from April 01, 2024, and shall, apply in relation to the assessment year 2024-25 and subsequent assessment years
The following has been amended namely: -
• in the TABLE, after serial number 22, the following serial number and entries relating thereto, shall be inserted, namely: -
“Sl.No. ‘23’, ‘Financial Year’,’2023-24’, ‘Cost Inflation Index’, ‘348’”
[Notification No. S.O. 1692(E)]
