Current differencing transconductance amplifier (CDTA) is receiving considerable attention as a building block for current-mode (CM) analog signal processing / signal generation. In this paper, new CDTA based lossless grounded and floating inductance simulation circuits have been proposed. The proposed grounded simulated inductance circuit employs two CDTAs and a single grounded capacitor whereas the floating simulated inductance circuit employs three CDTAs and a grounded capacitor. The circuit for grounded inductance does not require any realization conditions whereas in case of floating inductance only equality of two transconductances is needed (which can be easily maintained in practice by ensuring equal dc bias currents in the two transconductance amplifiers). Some sample results demonstrating the applications of the new simulated inductors using CMOS CDTAs have been given to confirm the workability of the new circuits.