The Central Board of Direct Taxes (CBDT) has notified the cost inflation index (CII) for FY 2021-22 as 317 via a notification dated June 15, 2021.

Cost inflation index for Financial Year 2021-22


(Department Of Revenue)
New Delhi

Notification No. 73/2021-Income Tax | Dated: 15th June, 2021

S.O. 2336(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 further amendments in the notification of the Government of India, Ministry of Finance (Department of Revenue), Central Board of Direct Taxes, published in the Gazette of India, Extraordinary, vide number S.O. 1790(E), dated the 5th June, 2017, namely:‑

2. In the said notification, in the Table, after serial number 20, the following serial number and entries relating thereto, shall be inserted, namely:-


Sl. No. Financial Year Cost Inflation Index
(1) (2) (3)
“21 2021-2022 317


3. This notification shall come into force with effect from 1st day of April, 2022 and shall accordingly apply to the Assessment Year 2022-2023 and subsequent years.


[Notification No. 73/2021/F.No.370142/10/2021 -TPL]

KAMLESH CHANDRA VARSHNEY, Jt. Secy. (Tax Policy and Legislation)

Note:- The principal notification was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), vide number S.O. 1790(E), dated the 5th June, 2017 and was last amended vide S.O. 1879 (E) dated 12th June, 2020.


FILING FOR INCOME TAX RETURN F.Y 2020-21(A.Y. 2021-2022)

Income tax filing deadline is right around the corner. If you haven’t filed yet, do it now for FREE on myitronline! Avoid last minute rush and file your tax return today on MYITRONLINE in 5 mins.(

If you are looking for CA assistance to file your income tax return/ GST, you can opt for MYITRONLINE CA assisted plan starting


If you have any questions with filing your tax return, please reply to this mail. OR call 9971055886.