diff --git a/commitizen/cli.py b/commitizen/cli.py
index e3af3a8073..9d2e52509a 100644
--- a/commitizen/cli.py
+++ b/commitizen/cli.py
@@ -116,8 +116,34 @@
             },
             {
                 "name": ["version"],
-                "help": "get the version of the installed commitizen",
+                "help": (
+                    "get the version of the installed commitizen or the current project"
+                    " (default: installed commitizen)"
+                ),
                 "func": commands.Version,
+                "arguments": [
+                    {
+                        "name": ["-p", "--project"],
+                        "help": "get the version of the current project",
+                        "action": "store_true",
+                        "exclusive_group": "group1",
+                    },
+                    {
+                        "name": ["-c", "--commitizen"],
+                        "help": "get the version of the installed commitizen",
+                        "action": "store_true",
+                        "exclusive_group": "group1",
+                    },
+                    {
+                        "name": ["-v", "--verbose"],
+                        "help": (
+                            "get the version of both the installed commitizen "
+                            "and the current project"
+                        ),
+                        "action": "store_true",
+                        "exclusive_group": "group1",
+                    },
+                ],
             },
             {
                 "name": ["check"],
diff --git a/commitizen/commands/version.py b/commitizen/commands/version.py
index 6375347f5e..d64d8d82af 100644
--- a/commitizen/commands/version.py
+++ b/commitizen/commands/version.py
@@ -4,10 +4,26 @@
 
 
 class Version:
-    """Get the version of the installed commitizen."""
+    """Get the version of the installed commitizen or the current project."""
 
     def __init__(self, config: BaseConfig, *args):
         self.config: BaseConfig = config
+        self.parameter = args[0]
 
     def __call__(self):
-        out.write(__version__)
+        if self.parameter.get("project"):
+            version = self.config.settings["version"]
+            if version:
+                out.write(f"{version}")
+            else:
+                out.error(f"No project information in this project.")
+        elif self.parameter.get("verbose"):
+            out.write(f"Installed Commitizen Version: {__version__}")
+            version = self.config.settings["version"]
+            if version:
+                out.write(f"Project Version: {version}")
+            else:
+                out.error(f"No project information in this project.")
+        else:
+            # if no argument is given, show installed commitizen version
+            out.write(f"{__version__}")
diff --git a/docs/bump.md b/docs/bump.md
index 10d86ba62e..5a222c18ce 100644
--- a/docs/bump.md
+++ b/docs/bump.md
@@ -101,7 +101,7 @@ tag_format = "v$minor.$major.$patch$prerelease"
 
 Or in your `.cz` (TO BE DEPRECATED)
 
-```
+```ini
 [commitizen]
 tag_format = v$minor.$major.$patch$prerelease
 ```
@@ -144,7 +144,7 @@ version_files = [
 
 `.cz` (TO BE DEPRECATED)
 
-```
+```ini
 [commitizen]
 version_files = [
     "src/__version__.py",
@@ -180,7 +180,7 @@ bump_message = "release $current_version → $new_version [skip-ci]"
 
 `.cz` (TO BE DEPRECATED)
 
-```
+```ini
 [commitizen]
 bump_message = release $current_version → $new_version [skip-ci]
 ```
diff --git a/docs/index.md b/docs/index.md
index 6979a09bb5..8b20991081 100644
--- a/docs/index.md
+++ b/docs/index.md
@@ -96,6 +96,8 @@ commands:
     info                show information about the cz
     schema              show commit schema
     bump                bump semantic version based on the git log
+    version             get the version of the installed commitizen or the
+                        current project (default: installed commitizen)
     check               validates that a commit message matches the commitizen schema
     init                init commitizen configuration
 ```
diff --git a/docs/tutorials/github_actions.md b/docs/tutorials/github_actions.md
index b1b16dfb54..1a4eba292a 100644
--- a/docs/tutorials/github_actions.md
+++ b/docs/tutorials/github_actions.md
@@ -96,4 +96,4 @@ jobs:
 Notice that we are calling a bash script in `./scripts/publish`, you should
 configure it with your tools (twine, poetry, etc). Check [commitizen example](https://github.com/Woile/commitizen/blob/master/scripts/publish)
 
-Push the changes and that's it.
\ No newline at end of file
+Push the changes and that's it.
diff --git a/docs/tutorials/gitlab_ci.md b/docs/tutorials/gitlab_ci.md
index c0d1d8d414..79fabf61a5 100644
--- a/docs/tutorials/gitlab_ci.md
+++ b/docs/tutorials/gitlab_ci.md
@@ -15,10 +15,10 @@ For this example, we have a `python/django` application and `Docker` as containe
 #### Gitlab Configuration:
 
 In order to be able to change files and push new changes with `Gitlab CI` runners, we need to have a `ssh` key and configure a git user.
- 
+
 First, let's create a `ssh key`. The only requirement is to create it without a passphrase:
 
-```
+```bash
 ssh-keygen -f deploy_key -N ""
 ```
 
@@ -32,7 +32,7 @@ Now, we need to create three environment variables that will be visible for the
 
 Create `SSH_PRIVATE_KEY`, `CI_EMAIL`, `CI_USERNAME` variables and fill them with the `private_key`, `email` and `username` that we have created previously.
 
-The latest step is to create a `deploy key.` To do this, we should create it under the section `settings/repository` and fill it with the `public key` generated before. Check `Write access allowed`, otherwise, the runner won't be able to write the changes to the repository. 
+The latest step is to create a `deploy key.` To do this, we should create it under the section `settings/repository` and fill it with the `public key` generated before. Check `Write access allowed`, otherwise, the runner won't be able to write the changes to the repository.
 
 ![gitlab deploy key](../images/gitlab_ci/gitlab_deploy_key.png)
 
@@ -45,9 +45,8 @@ tip: If the CI raise some errors, try to unprotect the private key.
 1. Create a `.gitlab-ci.yaml` file that contains `stages` and `jobs` configurations. You can find more info [here](https://docs.gitlab.com/ee/ci/quick_start/).
 
 2. Define `stages` and `jobs`. For this example, we define two `stages` with one `job` each one.
-  * Test the application.
-  * Auto bump the version. Means changing the file/s that reflects the version, creating a new commit and git tag.
-
+    * Test the application.
+    * Auto bump the version. Means changing the file/s that reflects the version, creating a new commit and git tag.
 
 #### Stages and Jobs
 
@@ -96,7 +95,7 @@ auto-bump:
     - git push origin master:$CI_COMMIT_REF_NAME
     - TAG=$(head -n 1 VERSION) # get the new software version and save into artifacts
     - echo "#!/bin/sh" >> variables
-    - echo "export TAG='$TAG'" >> variables 
+    - echo "export TAG='$TAG'" >> variables
     - git push origin $TAG
   only:
     refs:
diff --git a/tests/test_commands.py b/tests/test_commands.py
index 983b8a0073..c88a2716ba 100644
--- a/tests/test_commands.py
+++ b/tests/test_commands.py
@@ -9,6 +9,7 @@
 from commitizen import cmd, commands, defaults
 from commitizen.cz.exceptions import CzException
 from commitizen.config import BaseConfig
+from commitizen.__version__ import __version__
 
 
 @pytest.fixture()
@@ -170,10 +171,44 @@ def test_list_cz(config):
         mocked_write.assert_called_once()
 
 
-def test_version(config):
-    with mock.patch("commitizen.out.write") as mocked_write:
-        commands.Version(config)()
-        mocked_write.assert_called_once()
+def test_version_for_showing_project_version(config, capsys):
+    # No version exist
+    commands.Version(config, {"project": True, "commitizen": False, "verbose": False})()
+    captured = capsys.readouterr()
+    assert "No project information in this project." in captured.err
+
+    config.settings["version"] = "v0.0.1"
+    commands.Version(config, {"project": True, "commitizen": False, "verbose": False})()
+    captured = capsys.readouterr()
+    assert "v0.0.1" in captured.out
+
+
+def test_version_for_showing_commitizen_version(config, capsys):
+    commands.Version(config, {"project": False, "commitizen": True, "verbose": False})()
+    captured = capsys.readouterr()
+    assert f"{__version__}" in captured.out
+
+    # default showing commitizen version
+    commands.Version(
+        config, {"project": False, "commitizen": False, "verbose": False}
+    )()
+    captured = capsys.readouterr()
+    assert f"{__version__}" in captured.out
+
+
+def test_version_for_showing_both_versions(config, capsys):
+    commands.Version(config, {"project": False, "commitizen": False, "verbose": True})()
+    captured = capsys.readouterr()
+    assert f"Installed Commitizen Version: {__version__}" in captured.out
+    assert "No project information in this project." in captured.err
+
+    config.settings["version"] = "v0.0.1"
+    commands.Version(config, {"project": False, "commitizen": False, "verbose": True})()
+    captured = capsys.readouterr()
+    expected_out = (
+        f"Installed Commitizen Version: {__version__}\n" f"Project Version: v0.0.1"
+    )
+    assert expected_out in captured.out
 
 
 def test_check_no_conventional_commit(config, mocker):