CBDT Notified Cost Inflation Index for F. Y. 2016-17 is 1125
The Government of India, Ministry of Finance (Department of Revenue), Central Board of Direct Taxes published in the Gazette of India, Extraordinary Notification No. 42 /2016/F.No.142/5/2016-TPL dated 02-06-2016 the Cost Inflation Index for Financial Year 2016-17 which is 1125.