notification no. 60 /2015 f.no.142/10/2015 tpl / so 2031 e section 48 of the income tax act 1961 capital gains computation of notified cost inflation index u/s 48 explanation v

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NOTIFICATION INCOME-TAX New Delhi, the 24th July, 2015 S.O. 2031 (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 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 34 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) “35 2015-16 1081”. [Notification No. 60 /2015/F.No.142/10/2015-TPL] [Gaurav Kanaujia] Director to the 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 last amended vide number S.O. 1498(E), dated the 11th June, 2014.