Pratik Janrao & Associates

IT Act Vs IT Bill 2025
Section Number of Income-tax Act, 1961	Section heading as per Income-tax Act, 1961	Section number as per Income Tax Bill, 2025
1	Short title, extent and commencement.	1
2	Definitions.	2
2(15)(Proviso)	Definitions.	346
3	Previous year" defined.	3
4	Charge of income-tax.	4
5	Scope of total income.	5
5A	Apportionment of income between spouses governed by Portuguese Civil Code.	10
6	Residence in India.	6
7	Income deemed to be received.	7(1)
8	Dividend income.	7(2)
9	Income deemed to accrue or arise in India.	9
9A	Certain activities not to constitute business connection in India.	9(12)
9B	Income on receipt of capital asset or stock in trade by specified person from specified entity.	8
10	Incomes not included in total income.	11
10(1)	Agricultural income.	Schedule II(Table: S. No. 1)
10(2)	Any sum received by a member from Hindu undivided family.	Schedule III(Table: S.No 1)
10(2A)	Any sum received by a partner towards his share in the total income of the firm.	Schedule III(Table: S. No. 2)
10(4)(ii)	Any income by way of interest in NRE account.	Schedule IV(Table: S. No. 1)
10(4D)	Any income accrued or arisen to, or received, as a result of transfer of capital asset referred to in section 47 (viiiab).	Schedule VI(Table: S.No. 1)
10(4D)(b)	Any income accrued or arisen to, or received, as a result of transfer of securities (other than shares in a company resident in India).	Schedule VI(Table: S. No. 2)
10(4D)(c)10(4D)(d)	Any income from securities issued by a non-resident.	Schedule VI(Table: S. No. 3)
10(4D)(e)10(4D)(f)	Any income from a securitisation trust, which is chargeable under the head "Profits and gains of business or profession".	Schedule VI(Table: S. No. 4)
10(4E)	Any income accrued or arisen to, or received as a result ofâ€”(a) transfer of non-deliverable forward contracts or offshore derivative instruments or over-the-counter derivatives; or(b) distribution of income on offshore derivative instruments.	Schedule VI(Table: S. No. 5)
10(4F)	Any income by way of royalty or interest on account of lease of an aircraft or a ship in a tax year.	Schedule VI(Table: S. No.6)
10(4G)	Any income received fromâ€“â€“ (a) portfolio of securities or financial products or funds, managed or administered by any portfolio manager on behalf of the non-resident; or (b) such activity carried out by such person, as may be notified by the Central Government.	Schedule VI(Table: S. No. 7)
10(4H)	Any income by way of Capital gains arising from the transfer of equity shares of domestic company.	Schedule VI(Table: S. No. 8)
10(5)	The value of any travel concession or assistance.	Schedule III(Table: S. No. 8)
10(6)	Any remuneration received for service in the capacity as an official mentioned in column (2).	Schedule IV(Table: S. No. 2)
10(6)(vi)	Any remuneration received as an employee for services rendered by him during his stay in India.	Schedule IV(Table: S. No. 3)
10(6)(viii)	Any income chargeable under the head â€œSal-ariesâ€, received or due as remuneration for services rendered in connection with his employment on a foreign ship.	Schedule IV(Table: S. No. 4)
10(6)(xi)	Any remuneration received as an employee of the Government of a foreign State	Schedule IV(Table: S. No. 5)
10(6A)	Any income falling under clauses 6A, 6B, 6BB of section 10.	Schedule IV(Table: S. No.14)
10(6C)	Any income arising by way of royalty or fees for technical services.	Schedule IV(Table: S. No. 6)
10(6D)	Any income arising by way of royalty from, or fees for technical services rendered in or outside India.	Schedule IV(Table: S. No. 7)
10(7)	Any allowances or perquisites paid or allowed as such outside India by the Government.	Schedule III(Table: S. No. 9)
10(10BC)	Any amount received or receivable from the Central Government or a State Government or a local authority by way of compensation on account of any disaster.	Schedule III(Table: S. No. 3)
10(10CC)	Income in the nature of a perquisite	Schedule III(Table: S. No. 10)
10(10D)	Any sum received under a life insurance policy, including the sum allocated by way of bonus on such policy.	Schedule II(Table: S. No. 2)
10(11)	Any amount payable from a provident fund to which the Provi-dent Funds Act, 1925 (19 of 1925) applies, or from any other provident fund set up by the Central Government and notified by it in this behalf.	Schedule II(Table: S. No. 3)
10(11A)	Any payment from any account opened in accordance with the Sukanya Samriddhi Account Rules, 2014 made under the Government Savings Promotion Act, 1873 (5 of 1873).	Schedule II(Table: S. No. 5)
10(12)	The accumulated balance due and becoming payable to an employee participating in a recognised provident fund to the extent provided in paragraph 8 of Part A of the Fourth Schedule	Schedule II(Table: S. No. 4)
10(12A)	Any payment from the National Pension System Trust.	Schedule II(Table: S. No. 6)
10(12B)	Any payment from the National Pension System Trust under the pension scheme referred to in section 80CCD.	Schedule III(Table: S. No. 4)
10(12C)	Any payment from the Agniveer Corpus Fund to a person enrolled under the Agnipath Scheme or to his nominee.	Schedule II(Table: S. No. 7)
10(13)	Any payment from an approved superannuation fund.	Schedule II(Table: S. No. 8)
10(13A)	Any special allowance from employer.	Schedule III(Table: S. No. 11)
10(14)(i)	Any special allowance or benefit.	Schedule III(Table: S. No. 12)
10(14)(ii)	Any other allowance.	Schedule III(Table: S. No. 13)
10(15)(i)	Income by way of interest, premium on redemption or other payment on such securities, bonds, annuity certificates, savings certificates, other certificates issued by the Central Government and deposits.	Schedule II(Table: S. No. 11)
10(15)(iic)	Any interest income falling under clause (15)(iic) of section 10	Schedule III(Table: S. No. 38)
10(15)(iii)	Any interest income covered under clause (15)(iii) of section 10.	Schedule II(Table: S. No. 16)
10(15)(iiia)10(15)(iiib)1 0(15)(iiic)10(15)(iva)10( 15)(ivb)	Any interest income falling under clauses 15A, (15)(iiia), (15)(iiib), (15)(iiic), (15)(iv)(a) or (15)(iv)(b) of section 10 .	Schedule IV(Table: S. No. 14)
10(15)(iv)(c)10(15)(iv)( d)10(15)(iv)(e)10(15)(iv )(f)	Any interest income covered under clauses (15)(iv)(c), (15)(iv)(d), (15)(iv)â‚¬ and (15)(iv)(f) of section 10.	Schedule II(Table: S. No. 16)
10(15)(iv)(fa)	Any interest ncome falling under clause (15)(iv)(fa) of section 10.	Schedule IV(Table: S. No. 14)
10(15)(iv)(g)10(15)(iv)( h)	Any interest income covered under clauses (15)(iv)(g) and (15)(iv)(h) of section 10.	Schedule II(Table: S. No. 16)
10(15)(i)	Anyinterest income falling under clause 15(i) of section 10.	Schedule III(Table: S. No. 38)
10(15)(vi)	Interest on Gold Deposit Bonds issued under the Gold Deposit Scheme, 1999 or deposit certificates issued under the Gold Monetisation Scheme, 2015 notified by the Central Government.	Schedule II(Table: S. No. 12)
10(15)(vii)	Interest on bonds issued by a local authority or by a State Pooled Finance Entity	Schedule II(Table: S. No. 13)
10(15)(viii)	Interest received.	Schedule IV(Table: S. No. 8)
10(15)(ix)	Interest payable.	Schedule VI(Table: S. No. 12)
10(15A)	Any income falling under clauses (15A) of section 10.	Schedule IV(Table: S. No. 14)
10(15B)	Income from lease rentals, by whatever name called, of a cruise ship.	Schedule IV(Table: S. No. 9)
10(16)	Scholarships.	Schedule II(Table: S. No. 9)
10(17)	Daily allowance received.	Schedule III(Table: S. No. 5)
10(17)(ii)	Any allowance received.	Schedule III(Table: S. No. 6)
10(17)(iii)	Any constituency allowance received.	Schedule III(Table: S. No. 7)
10(17A)	Any payment made, whether in cash or in kind for any award or reward.	Schedule II(Table: S. No. 10)
10(18)(i)	Pension received.	Schedule III(Table: S. No. 14)
10(18)(ii)	Family pension received.	Schedule III(Table: S. No. 15)
10(19)	Family pension received.	Schedule III(Table: S. No. 16)
10(19A)	Any income falling under clause (19A) of section 10.	Schedule III(Table: S. No. 38)
10(20)	The income which is chargeable under the head "Income from house property", "Capital gains" or "Income from other sources" or from a trade or business.	Schedule III(Table: S. No. 22)
10(21)	Any income of a research association.	Schedule III(Table: S. No. 23)
10(23A)	Any income (other than income chargeable under the head "Income from house property" or any income re-ceived for rendering any specific services or income by way of interest or dividends derived from its investments).	Schedule III(Table: S. No. 24)
10(23AA)	Any regimental Fund or Non-public Fund established by the armed forces of the Union.	Schedule VII(Table: S. No. 1)
10(23AAA)	Any fund established for such purposes as may be notified by the Board for the welfare of employees or their dependants and such employees are members of such fund.	Schedule VII(Table: S. No. 2)
10(23AAB)	Any fund, by whatever name called, set up by the Life Insurance Corporation of India on or after the 1st day of August, 1996 or any other insurer under a pension scheme.	Schedule VII(Table: S. No. 3)
10(23B)	Any income attributable to the business of production, sale, or marketing, of khadi or products of village industries	Schedule III(Table: S. No. 25)
10(23BB)	An authority (whether known as the Khadi and Village Industries Board or by any other name).	Schedule VII(Table: S. No. 4)
10(23BAA)	Any body or authority (whether or not a body corporate or corporation sole) established, constitut-ed or appointed by or under any Central Act or State Act or Provincial Act.	Schedule VII(Table: S. No. 5)
10(23BBB)	Any income derived in India by way of interest, dividends or Capital gains from investments made	Schedule IV(Table: S. No. 10)
10(23BBC)	SAARC Fund for Regional Projects set up by Colombo Declaration.	Schedule VII(Table: S. No. 6)
10(23BBE)	Insurance Regulatory and Development Authority.	Schedule VII(Table: S. No. 7)
10(23BBG)	Central Electricity Regulatory Commission.	Schedule VII(Table: S. No. 8)
10(23BBH)	Prasar Bharati (Broadcasting Corporation of India).	Schedule VII(Table: S. No. 9)
10(23C)(i)	The Prime Minister's National Relief Fund or the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES FUND).	Schedule VII(Table: S. No. 10)
10(23C)(ii)	The Prime Minister's Fund (Promotion of Folk Art)	Schedule VII(Table: S. No.11)
10(23C)(iii)	The Prime Minister's Aid to Students Fund.	Schedule VII(Table: S. No. 12)
10(23C)(iiia)	The National Foundation for Communal Harmony.	Schedule VII(Table: S. No. 13)
10(23C)(iiiaa)	The Swachh Bharat Kosh, set up by the Central Government.	Schedule VII(Table: S. No. 14)
10(23C)(iiiaaa)	The Clean Ganga Fund set up by the Central Government.	Schedule VII(Table: S. No. 15)
10(23C)(iiiaaaa)	The Chief Minister's Relief Fund or the Lieutenant Governor's Relief Fund in respect of any State or Union territory as referred to in section 80G(2)(a)(iiihf).	Schedule VII(Table: S. No. 16)
10(23C)(iiiab)	Any University or other educational institution wholly or substantially financed by the Government	Schedule VII(Table: S. No. 17)
10(23C)(iiiac)	Any hospital or other institution wholly or substantially financed by the Government.	Schedule VII(Table: S. No. 18)
10(23C)(iiiad)10(23C)(iii ae)	(a) Any University or other educational institution;(b) any hospital or other institution.	Schedule VII(Table: S. No. 19)
10(23D)(i)	A Mutual Fund registered under the Securities and Exchange Board of India Act, 1992.	Schedule VII(Table: S. No. 20)
10(23D)(ii)	Any Mutual Fund set up by a public sector bank or a public financial institution or authorised by the Reserve Bank of India.	Schedule VII(Table: S. No. 21)
10(23DA)	Any income from the activity of securitisation	Schedule III(Table: S. No. 26)
10(23EA)	Any income, by way of contributions received from recognised stock exchanges and the members thereof.	Schedule III(Table: S. No. 27)
10(23EC)	Any income, by way of contributions received from commodity exchanges and the members thereof.	Schedule III(Table: S. No. 28)
10(23ED)	Any income, by way of contributions received from a depository.	Schedule III(Table: S. No. 29)
10(23EE)	(a) Any income by way of contribution received from specified persons;(b) any income by way of penalties imposed by the recognised clearing corporation and credited to the Core Settlement Guarantee Fund; or(c) any income from investment made by the Fund.	Schedule III(Table: S. No. 30)
10(23F)	Any income falling under clauses (23F) and (23FA) of section 10	Schedule V(Table: S. No. 8)
10(23FB)	any income from investment in a venture capital undertaking .	Schedule V(Table: S. No. 6)
10(23FBA)	Any income other than the income chargeable under the head â€œProfits and gains of business or professionâ€.	Schedule V(Table: S. No. 1)
10(23FBB)	Any income referred to in section 115UB, accruing or arising to, or received being that proportion of income which is of the same nature as income chargeable under the head â€œProfits and gains of business or professionâ€.	Schedule V(Table: S. No. 2)
10(23FBC)	Any income accruing or arising to, or received from a specified fund or on transfer of units in a specified fund	Schedule VI(Table: S. No. 9)
10(23FC)	Any income by way ofâ€” (a) interest received or receivable from a special purpose vehicle; or (b) dividend received or receivable from a special purpose vehicle.	Schedule V(Table: S. No. 3)
10(23FCA)	Any income by way of renting or leasing or letting out any real estate asset owned directly by such business trust.	Schedule V(Table: S. No. 4)
10(23FD)	Any distributed income referred to in section 115UA,other thanâ€“â€“(a) that proportion of the income which is of the same nature; or(b) interest received or receivable from a special purpose vehicle by the business trust; or(c) dividend received or receivable from a special purpose vehicle by the business trust (in a case where the special purpose vehicle has exercised the option under section 115BAA); or(d)income of a business trust by way of renting or leasing or letting out any real estate asset owned directly by such business trust.	Schedule V(Table: S. No. 5)
10(23FE)	Any income of the nature ofâ€“â€“(a) dividend;(b) interest;(c) any sum referred to in section 56(2)(xii); or (d) long-term capital gains,arising from an investment made by a specified person in India, whether in the form of debt or share capital or unit	Schedule V(Table: S. No. 7)
10(23FF)	Any income of the nature of Capital gains, arising or received on account of transfer of share of a company resident in India.	Schedule VI(Table: S. No. 10)
10(24)	Any income chargeable under the heads â€œIncome from house propertyâ€ and â€œIncome from other sourcesâ€	Schedule III(Table: S. No. 31)
10(25)(i)	Any interest on securities, and any capital gains of the fund arising from the sale, exchange or transfer of such securities.	Schedule III(Table: S. No. 32)
10(25)(ii)	A recognised provident fund.	Schedule VII(Table: S. No. 22)
10(25)(iii)	An approved superannuation fund.	Schedule VII(Table: S. No. 23)
10(25)(iv)	An approved gratuity fund.	Schedule VII(Table: S. No. 24)
10(25)(v)	Deposit-linked Insurance Fund estab-lished under section 3G of the Coal Mines Provident Funds and Miscellaneous Provisions Act.	Schedule VII(Table: S. No. 25)
10(25)(v)(b)	Deposit-linked Insurance Fund estab-lished under section 6C of Employ-ees' Provident Funds and Miscellaneous Provisions Act	Schedule VII(Table: S. No. 26)
10(25A)	Employees' State Insurance Fund set up under the provisions of the Employees' State Insurance Act.	Schedule VII(Table: S. No. 27)
10(26)	Any income which accrues or arisesâ€” (a) from any source in the areas or States mentioned in column (3), or (b) by way of dividend or interest on securities;	Schedule III(Table: S. No. 19)
10(26AAA)	Any income which accrues or arisesâ€” (a) from any source in the State of Sikkim; or (b) by way of dividend or interest on securities.	Schedule III(Table: S. No. 20)
10(26AAB)	An agricultural produce market committee or board constituted under any law	Schedule VII(Table: S. No. 28)
10(26B)	A corporation established by a Central Act or State Act or Provincial Act or of any other body, institution or association (being a body, institution or association wholly financed by the Government).	Schedule VII(Table: S. No. 29)
10(26BB)	A corporation established by the Central Government or any State Government for promoting the interests of the members of a minority community	Schedule VII(Table: S. No. 30)
10(26BBB)	Any corporation established by a Central Act or State Act or Provincial Act for the welfare and economic upliftment of ex-servicemen being the citizens of India.	Schedule VII(Table: S. No. 31)
10(27)	Any co-operative society formed for promoting the interests of the members of either the Scheduled Castes or Scheduled Tribes, or both	Schedule VII(Table: S. No. 32)
10(29A)(a)	Coffee Board constituted under section 4 of the Coffee Act, 1942.	Schedule VII(Table: 33)
10(29A)(b)	Rubber Board constituted under section 4(1) of the Rubber Board Act, 1947.	Schedule VII(Table: 34)
10(29A)( c)	Tea Board established under section 4 of the Tea Act, 1953.	Schedule VII(Table: S. No. 5)
10(29A)(d)	Tobacco Board constituted under the Tobacco Board Act, 1975.	Schedule VII(Table: S. No. 36)
10(29A)( e)	Marine Products Export Development Authority estab-lished under section 4 of the Marine Products Export Development Authority Act, 1972.	Schedule VII(Table: S. No. 37)
10(29A)(f)	Agricultural and Processed Food Products Export Development Authority established under section 4 of the Agricul-tural and Processed Food Products Export Development Act, 1985	Schedule VII(Table: S. No. 38)
10(29A)(g)	Spices Board constituted under section 3(1) of the Spices Board Act, 1986.	Schedule VII(Table: S. No. 39)
10(29A)(h)	New Pension System Trust established on the 27th day of February, 2008 under the provisions of the Indian Trusts Act, 1882.	Schedule VII(Table: S. No. 40)
10(30)10(31)	The amount of any subsidy received from or through the concerned Board under a scheme	Schedule III(Table: S. No. 21)
10(32)	Any income includible in the total income under section 64(1A).	Schedule III(Table: S. No. 17)
10(33)	Any income arising from the transfer of a capital asset, being a unit of the Unit Scheme, 1964 referred to in Schedule I to the Unit Trust of India (Transfer of Undertaking and Repeal) Act, 2002 (58 of 2002).	Schedule II(Table: S. No. 14)
10(34B)	Any income by way of dividends from a company being a Unit of an International Financial Services Centre primarily engaged in the business of leasing of an aircraft	Schedule VI(Table: S. No. 11)
10(36)	Any income covered under clause (36)of section 10.	Schedule II(Table: S. No. 16)
10(37)	Any income chargeable under the head "Capital gains" arising from the transfer of agricultural land.	Schedule III(Table: S. No. 18)
10(39)	Any income of the nature and to the extent, aris-ing from the international sporting event held in India.	Schedule III(Table: S. No. 33)
10(40)	Any income falling under clause (40) of section 10 .	Schedule III(Table: S. No. 38)
10(42)	Any income, of the nature and to the extent, which the Central Government may notify in this behalf.	Schedule III(Table: S. No. 34)
10(43)	Any amount received as a loan, either in lump sum or in instalment, in a transaction of reverse mortgage referred to in section 47(xvi).	Schedule III(Table: S. No. 35)
10(44)	New Pension System Trust established on the 27th day of February, 2008 under the provisions of the Indian Trusts Act, 1882	Schedule VII(Table: S. No. 41)
10(46)	Any income of the nature and to the extent which the Central Government may, by notification, specify in this behalf.	Schedule III(Table: S. No. 36)
10(46A)		Schedule VII(Table: S. No. 42)
10(46B)(i)	National Credit Guarantee Trustee Company Limited, being a company established and wholly financed by the Central Government for the purposes of operating credit guarantee funds established and wholly financed by the Central Government	Schedule VII(Table: S. No. 43)
10(46B)(ii)	A credit guarantee fund established and wholly financed by the Central Government and managed by the National Credit Guarantee Trustee Company Limited.	Schedule VII(Table: S. No. 44)
10(46B)(iii)	Credit Guarantee Fund Trust for Micro and Small Enterprises, being a trust created by the Central Government and the Small Industries Development Bank of India established under sub section (1) of section 3 of the Small Industries Development Bank of India Act, 1989 (39 of 1989)	Schedule VII(Table: S. No. 45)
10(47)	An infrastructure debt fund.	Schedule VII(Table: S. No. 46)
10(48)	Any income received in India in Indian currency.	Schedule IV(Table: S. No. 11)
10(48A)	Any income accruing or arising on account of storage of crude oil in a facility in India and sale of such crude oil to any person resident in India.	Schedule IV(Table: S. No.12)
10(48B)	Any income accruing or arising to on account of sale of leftover stock of crude oil, if any, from the facility in India after the expiry of the agreement or arrangement referred to against serial number 12 or on termination of the said agreement or arrangement	Schedule IV(Table: S. No. 13)
10(48C)	Any income accruing or arising as a result of arrangement for replenishment of crude oil stored in its storage facility in pursuance of the directions of the Central Government in this behalf.	Schedule III(Table: S. No. 37)
10(48D)	An institution established for financing the infrastructure and development set up under an Act of Parliament	Schedule VII(Table: S. No. 47)
10(48E)	A developmental financing institution, licensed by the Reserve Bank of India under an Act of Parliament referred to against serial number 47.	Schedule VII(Table: S. No. 48)
10(50)(i)	Any income arising from any specified service provided on or after the date on which the provisions of Chapter VIII of the Finance Act, 2016 comes into force and chargeable to equalisation levy under that Chapter.	Schedule II(Table: S. No. 15)
10A	Special provision in respect of newly established undertakings in free trade zone, etc.	Redundant
10AA	Special provisions in respect of newly established Units in Special Economic Zones.	144
10B	Special provisions in respect of newly established hundred per cent export-oriented undertakings.	Redundant
10BA	Special provisions in respect of export of certain articles or things.	Redundant
10BB	Meaning of computer programmes in certain cases.	Redundant
10C	Special provision in respect of certain industrial undertakings in North-Eastern Region.	Redundant
11(1)(a)	Income from property held for charitable or religious purposes.	336
11(1)(b)	Income from property held for charitable or religious purposes.	336
11(1)(c)	Income from property held for charitable or religious purposes.	338(a)
11(1)(d)	Income from property held for charitable or religious purposes.	338(b)
11(1)(d)	Income from property held for charitable or religious purposes.	339
11(1)(Explanation)(1)(1)	Income from property held for charitable or religious purposes.	335(c)
11(1)(Explanation)(1)(2)	Income from property held for charitable or religious purposes.	Omitted
11(1)(Explanation)(2)	Income from property held for charitable or religious purposes.	341(1)(c)
11(1)(Explanation)(3)	Income from property held for charitable or religious purposes.	341(1)(a)(iii)
11(1)(Explanation)(3A)	Income from property held for charitable or religious purposes.	340
11(1)(Explanation)(3B)	Income from property held for charitable or religious purposes.	337(Table: S. No. 5)
11(1)(Explanation)(4)(i)	Income from property held for charitable or religious purposes.	341(4)
11(1)(Explanation)(4)(i) (Proviso)	Income from property held for charitable or religious purposes.	341(2)(a)
11(1)(Explanation)(4)(ii)	Income from property held for charitable or religious purposes.	341(4)
11(1)(Explanation)(4)(ii) (Proviso)	Income from property held for charitable or religious purposes.	341(2)(b)
11(1)(Explanation)(4)(iii )	Income from property held for charitable or religious purposes.	341(1)(b)
11(1)(Explanation)(5)	Income from property held for charitable or religious purposes.	341(3)(b)
11(1A)	Income from property held for charitable or religious purposes.	Omitted
11(1B)	Income from property held for charitable or religious purposes.	Omitted
11(2)((a)	Income from property held for charitable or religious purposes.	342(1)
11(2)(b)	Income from property held for charitable or religious purposes.	342(4)
11(2)(c)	Income from property held for charitable or religious purposes.	342(1)
11(2)(Proviso)	Income from property held for charitable or religious purposes.	342(3)
11(2)(Explanation)	Income from property held for charitable or religious purposes.	342(2)
11(3)(a)	Income from property held for charitable or religious purposes.	337(Table: S. No. 6)
11(3)(b)	Income from property held for charitable or religious purposes.	337(Table: S. No. 4)
11(3)(c)	Income from property held for charitable or religious purposes.	337(Table: S. No. 8)
11(3)(d)	Income from property held for charitable or religious purposes.	337(Table: S. No.9)
11(3A)	Income from property held for charitable or religious purposes.	342(5)
11(3A)	Income from property held for charitable or religious purposes.	342(6)
11(3A)(1st Proviso)	Income from property held for charitable or religious purposes.	342(2)
11(3A)(2nd Proviso)	Income from property held for charitable or religious purposes.	342(7)
11(4)	Income from property held for charitable or religious purposes.	344
11(4A)	Income from property held for charitable or religious purposes.	345
11(5)	Income from property held for charitable or religious purposes.	350
11(6)	Income from property held for charitable or religious purposes.	341(3)(a)
11(7)	Income from property held for charitable or religious purposes.	333
11(Explanation)	Income from property held for charitable or religious purposes.	341(1)(a)(i)
12(1)	Income of trusts or institutions from contributions.	335(c)
12(2)	Income of trusts or institutions from contributions.	337(Table: S. No. 2)
12(3)	Income of trusts or institutions from contributions.	Redundant
12A(1)(ac)	Conditions for applicability of sections 11 and 12.	332(3)
12A(1)(ac)(Proviso)	Conditions for applicability of sections 11 and 12.	332(4)
12A(1)(ac)(Proviso)	Conditions for applicability of sections 11 and 12.	332(9)
12A(1)(b)	Conditions for applicability of sections 11 and 12.	347
12A(1)(b)	Conditions for applicability of sections 11 and 12.	348
12A(1)(ba)	Conditions for applicability of sections 11 and 12.	349
12A(2)	Conditions for applicability of sections 11 and 12.	332(3)
12AA	Procedure for registration.	Omitted
12AB(1)	Procedure for fresh registration.	332(7)
12AB(2)	Procedure for fresh registration.	Redundant
12AB(3)	Procedure for fresh registration.	332(3)
12AB(4)	Procedure for fresh registration.	351(2)
12AB(4)(Explanation)	Procedure for fresh registration.	351(1)
12AB(5)	Procedure for fresh registration.	351(3)
12AC	Merger of charitable trusts or institutions in certain cases.	352(5)(Table: Sl. No. 8.B)
13(1)(a)	Section 11 not to apply in certain case.	351(1)(c)
13(1)(b)	Section 11 not to apply in certain case.	351(1)(d)
13(1)(c)	Section 11 not to apply in certain case.	337(Table: S. No. 2)
13(1)(d)	Section 11 not to apply in certain case.	350
13(10)	Section 11 not to apply in certain case.	353
13(11)	Section 11 not to apply in certain case.	353
13(2)	Section 11 not to apply in certain case.	337(Table: S. No. 2)
13(3)	Section 11 not to apply in certain case.	355(j)
13(4)	Section 11 not to apply in certain case.	Redundant
13(5)	Section 11 not to apply in certain case.	Redundant
13(6)	Section 11 not to apply in certain case.	Redundant
13(7)	Section 11 not to apply in certain case.	Redundant
13(8)	Section 11 not to apply in certain case.	346
13(9)	Section 11 not to apply in certain case.	342(1)
13 Explanation (1)	Section 11 not to apply in certain case.	355(i)
13 Explanation (2)	Section 11 not to apply in certain case.	351(1)(d)
13 Explanation (3)	Section 11 not to apply in certain case.	355(n)
NEW	N.A.	332(1)
NEW	N.A.	332(2)
NEW	N.A.	332(6)
NEW	N.A.	335
NEW	N.A.	343
NEW	N.A.	334
NEW	N.A.	335
NEW	N.A.	355
13A	Special provision relating to incomes of political parties.	12
13B	Special provisions relating to voluntary contributions received by electoral trust.	12
14	Heads of Income.	13
14A	Expenditure incurred in relation to income not includible in total income.	14
15	Salaries.	15
16	Deductions from salaries.	19
17(1)	"Salary", "perquisite" and "profits in lieu of salary" defined.	16
17(2)	"Salary", "perquisite" and "profits in lieu of salary" defined.	17
17(3)	"Salary", "perquisite" and "profits in lieu of salary" defined.	18
18	[Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
19	[Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
20	[Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
21	[Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
22	Income from house property.	20
23	Annual value how determined.	21
24	Deductions from income from house property.	22
25	Amounts not deductible from income from house property.	23
25A	Special provision for arrears of rent and unrealised rent received subsequently.	23
26	Property owned by co-owners.	24
27	"Owner of house property", "annual charge", etc., defined.	25
28	Profits and gains of business or profession.	26
29	Manner of computing profits and gains of business or profession.	27
30	Rent, rates, taxes, repairs and insurance for buildings.	28
31	Repairs and insurance of machinery, plant and furniture.	28
32	Depreciation.	33
32A	Investment Allowance.	Redundant
32AB	Investment deposit account.	Redundant
32AC	Investment in new plant or machinery.	Redundant
32AD	Investment in new plant or machinery in notified backward areas in certain States.	Redundant
33	Development Rebate.	Redundant
33A	Development Allowance.	Redundant
33AB	Tea development account, coffee development account and rubber development account.	48, Schedule IX
33ABA	Site Restoration Fund.	49, Schedule X
33AC	Reserves for shipping business.	Redundant
33B	Rehabilitation allowance	Redundant
34	Conditions for development allowance and development rebate	Redundant
34A	Restriction on unabsorbed depreciation and unabsorbed investment allowance for limited period in case of certain domestic companies.	Redundant
35	Expenditure on scientific research.	45
35A	Expenditure on acquisition of patent rights or copyrights.	Redundant
35AB	Expenditure on know-how.	Redundant
35ABA	Expenditure for obtaining right to use spectrum for telecommunication services.	52
35ABB	Expenditure for obtaining license to operate telecommunication services.	52
35AC	Expenditure on eligible projects or scheme.	Redundant
35AD	Deduction in respect of expenditure on specified business.	46
35B	Export Market Development Allowance.	Redundant
35C	Agricultural development allowance.	Omitted
35CC	Rural Development Allowance.	Redundant
35CCA	Expenditure by way of payment to associations and institutions for carrying out rural development programmes.	Redundant
35CCB	Expenditure by way of payment to associations and institutions for carrying out programmes of conservation of natural resources.	Redundant
35CCC	Expenditure on agricultural extension project.	47
35CCD	Expenditure on skill development project.	47
35D	Amortisation of certain preliminary expenses.	44
35DD	Amortisation of expenditure in case of amalgamation or demerger.	52
35DDA	Amortisation of expenditure incurred under voluntary retirement scheme.	52
35E	Deduction for expenditure on prospecting, etc for certain minerals.	51
36	Other Deductions.	29, 30, 31, 32
37	General.	34
38	Building, etc., partly used for business, etc., or not exclusively used.	28.33
39	Managing Agency commission.	Redundant
40	Amounts not deductible.	35
40A	Expenses or payments not deductible in certain circumstances.	29, 32, 36
41	Profits chargeable to tax.	38
42	Special provisions for deductions in the case of business for prospecting, etc. For mineral oils.	54
43	Definitions of certain terms relevant to income from profits and gains of business or profession.	39, 41, 66
43A	Special provisions consequential to change in rate of exchange of currency.	42
43AA	Taxation of foreign exchange fluctuation.	43
43B	Certain deductions to be only on actual payments.	37
43C	Special provision for computation of cost of acquisition of certain assets.	40
43CA	Special provision for full value of consideration for transfer of assets other than capital assets in certain cases	53
43CB	Computation of income from construction and service contracts.	57
43D	Special provision in case of income of public financial institutions, [public companies,], etc.	56
44	Insurance business.	55
44A	Special provision in the case of trade, profession or similar association.	50
44AA	Maintenance of accounts by certain persons carrying on profession or business.	62
44AB	Audit of accounts by certain persons carrying on profession or business.	63
44AC	Special provision for computing profits and gains from business of trading in certain goods.	Redundant
44AD	Special provision for computing profits and gains of business on presumptive basis.	58
44ADA	Special provision for computing profits and gains of profession on presumptive basis.	58
44AE	Special provision for computing profits and gains of business of plying, hiring or leasing goods carriages .	58
44AF	Special provision for computing profits and gains of retail business .	Redundant
44B	Special provision for computing profits and gains of shipping business in the case of non- residents.	61
44BB	Special provision for computing profits and gains in connection with the business of exploration, etc. Of mineral oils.	61
44BBA	Special provision for computing profits and gains of the business of operation of aircraft in the case of non-residents.	61
44BBB	Special provision for computing profits and gains of foreign companies engaged in the business of civil constructions, etc. In certain turnkey power projects.	61
44BBC	Special provision for computing profits and gains of the business of operation of cruise ships in the case of non-residents.	61
44BBD	Special provision for computing profits and gains of non-residents engaged in business of providing services or technology for setting up an electronics manufacturing facility or in connection with manufacturing or producing electronic goods, article or thing in India.	61
44C	Deduction of head office expenditure in the case of non-residents.	60
44D	Special provision for computing income by way of royalties, etc., in the case of foreign companies.	Redundant
44DA	Special provision for computing income by way of royalties, etc., in the case of non-residents.	59
44DB	Special provision for computing deductions in the case of business reorganization of co- operative banks.	65
45	Capital gains.	67
46	Capital gains on distribution of assets by companies in liquidation.	68
46A	Capital gains on purchase by company of its own shares or other specified securities.	69
47	Transactions not regarded as transfer.	70
47A	Withdrawal of exemption in certain cases.	71
48	Mode of computation of capital gains.	72
49	Cost with reference to certain modes of acquisition.	73
50	Special provision for computation of capital gains in case of depreciable assets.	74
50A	Special provision for cost of acquisition in case of depreciable asset.	75
50AA	Special provision for computation of capital gains in case of Market Linked Debenture.	76
50B	Special provision for computation of capital gains in case of slump sale.	77
50C	Special provision for full value of consideration in certain cases.	78
50CA	Special provision for full value of consideration for transfer of share other than quoted share.	79
50D	Fair market value considered to be full value of consideration in certain cases.	80
51	Advance money received.	81
52	Consideration for transfer in cases of understatement. [Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
53	Exemption of capital gains from a residential house.[Omitted by the Finance Act, 1992, w.e.f. 1-4 1993.]	Omitted
54	Profit on sale of property used for residence.	82
54A	Relief of tax on capital gains in certain cases. [Omitted by the Finance (No. 2) Act, 1971, w.e.f. 1- 4-1972. Original section was inserted by the Finance Act, 1965, w.e.f. 1-4-1965. The Direct Tax Laws (Amendment) Act, 1989 has deleted section 54A,dealing with relief of tax on capital gains on transfer of property held under trust for charitable or religious purposes or by certain institution, earlier inserted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1989.]	Omitted
54B	Capital gains on transfer of land used for agricultural purposes not to be charged in certain cases	83
54C	Capital gain on transfer of jewellery held for personal use not to be charged in certain cases.[Omitted by the Finance Act, 1976, w.e.f. 1-4-1976. Original section was inserted by the Finance Act, 1972, w.e.f. 1-4-1973.]	Omitted
54D	Capital gains on compulsory acquisition of lands and buildings not to be charged in certain cases.	84
54E	Capital gain on transfer of capital assets not to be charged in certain cases.	Omitted
54EA	Capital gain on transfer of long-term capital assets not to be charged in the case of investment in specified securities.	Omitted
54EB	Capital gain on transfer of long-term capital assets not to be charged in certain cases.	Omitted
54EC	Capital gains not to be charged on investment in certain bonds.	85
54ED	Capital gain on transfer of certain listed securities or unit not to be charged in certain cases.	Omitted
54EE	Capital gain not to be charged on investment in units of a specified fund.	Omitted
54F	Capital gains on transfer of certain capital assets not to be charged in case of investment in residential house.	86
54G	Exemption of capital gains on transfer of assets in cases of shifting of industrial undertaking from urban area.	87
54GA	Exemption of capital gains on transfer of assets in cases of shifting of industrial undertaking from urban area to any Special Economic Zone.	88
54GB	Capital gain on transfer of residential property not to be charged in certain cases.	Omitted
54H	Extension of time for acquiring new asset or depositing or investing amount of capital gains.	89
55	Meaning of â€œadjustedâ€, â€œcost of improvementâ€ and â€œcost of acquisitionâ€.	90
55A	Reference to Valuation Officer	91
56	Income from other sources.	92
57	Deductions.	93
58	Amounts not deductible.	94
59	Profits chargeable to tax.	95
60	Transfer of income where there is no transfer of assets.	96
61	Revocable transfer of assets.	97
62	Transfer irrevocable for a specified period.	97
63	"Transfer" and "revocable transfer" defined.	98
64	Income of individual to include income of spouse, minor child, etc.	99
65	Liability of person in respect of income included in the income of another person.	100
66	Total income.	101
67	Method of computing a partner's share in the income of the firm. [Omitted by the Finance Act, 1992, w.e.f. 1-4-1993.]	Omitted
67A	Method of computing a member's share in income of association of persons or body of individuals	309
68	Cash credits.	102
69	Unexplained investments.	103
69A	Unexplained money, etc.	104
69B	Amount of investments, etc., not fully disclosed in books of account.	103, 104
69C	Unexplained expenditure, etc.	105
69D	Amount borrowed or repaid on hundi.	106
NEW	N.A.	107
70	Set off of loss from one source against income from another source under the same head of income.	108
71	Set off of loss from one head against income from another.	109
71A	Transitional provisions for set off of loss under the head "Income from house property".	Omitted
71B	Carry forward and set off of loss from house property.	110
72	Carry forward and set off of business losses.	112
72A	Provisions relating to carry forward and set off of accumulated loss and unabsorbed depreciation allowance in amalgamation or demerger, etc.	116
72AA	Carry forward and set off of accumulated loss and unabsorbed depreciation allowance in scheme of amalgamation in certain cases.	117
72AB	Provisions relating to carry forward and set-off of accumulated loss and unabsorbed depreciation allowance in business reorganisation of co-operative banks.	118
73	Losses in speculation business.	113
73A	Carry forward and set off of losses by specified business.	114
74	Losses under the head "Capital gains".	111
74A	Losses from certain specified sources falling under the head "Income from other sources".	115
75	Losses of firms	Redundant
76	Order of detention.	Omitted
77	Detention in and release from prison.	Omitted
78	Carry forward and set off of losses in case of change in constitution of firm or on succession.	119
79	Carry forward and set off of losses in case of certain companies.	119
79A	No set off of losses consequent to search, requisition and survey.	120
80	Submission of return for losses.	121
80A	Deductions to be made in computing total income	122
80AA	Computation of deduction under section 80M.	Omitted
80AB.	Deductions to be made with reference to the income included in the gross total income.	Omitted
80AC.	Deduction not to be allowed unless return furnished.	Omitted
80B.	Definitions.	Omitted
80C	Deduction for insurance premia, deferred annuity, contributions to provident fund, etc.	123
80CC	Deduction in respect of investment in certain new shares. [Omitted by the Finance (No. 2) Act, 1996, w.r.e.f. 1-4-1993.]	Omitted
80CCA	Deduction in respect of deposits under National Savings Scheme or payment to a deferred annuity plan.	Omitted
80CCB	Deduction in respect of investment made under Equity Linked Savings Scheme.	Omitted
80CCC	Deduction in respect of contribution to certain pension funds.	Omitted
80CCD	Deduction in respect of employer contribution to pension scheme of Central Government	124
80CCE.	Limit on deductions under sections 80C, 80CCC and 80CCD.	Omitted
80CCF	Deduction in respect of subscription to long-term infrastructure bonds.	Omitted
80CCG	Deduction in respect of investment made under an equity savings scheme.	Omitted
80CCH	Deduction in respect of contribution to Agnipath Scheme.	125
80D	Deduction in respect of health insurance premia.	126
80DD	Deduction in respect of maintenance including medical treatment of a dependant who is a person with disability.	127
80DDB	Deduction in respect of medical treatment, etc.	128
80E	Deduction in respect of interest on loan taken for higher education.	129
80EE	Deduction in respect of interest on loan taken for certain house property.	130
80EEA	Deduction in respect of interest on loan taken for certain house property.	131
80EEB	Deduction in respect of purchase of electric vehicle.	132
80F	Deduction in respect of educational expenses in certain cases	Omitted
80FF	Deduction in respect of expenses on higher education in certain cases.	Omitted
80G	Deduction in respect of donations to certain funds, charitable institutions, etc.	133
80G(5)	Deduction in respect of donations to certain funds, charitable institutions, etc.	354(1)
80G(5)(Proviso)	Deduction in respect of donations to certain funds, charitable institutions, etc.	354(2)
80GG	Deductions in respect of rents paid.	134
80GGA	Deduction in respect of certain donations for scientific research or rural development.	135
80GGB	Deduction in respect of contributions given by companies to political parties.	136
80GGC	Deduction in respect of contributions given by any person to political parties.	137
80H	Deduction in case of new industrial undertakings employing displaced persons, etc. [Omitted by the Taxation Laws (Amendment) Act, 1975]	Omitted
80HH	Deduction in respect of profits and gains from newly established industrial undertakings or hotel business in backward areas.	Omitted
80HHA	Deduction in respect of profits and gains from newly established small-scale industrial undertakings in certain areas.	Omitted
80HHB.	Deduction in respect of profits and gains from projects outside India.	Omitted
80HHBA.	Deduction in respect of profits and gains from housing projects in certain cases.	Omitted
80HHC.	Deduction in respect of profits retained for export business.	Omitted
80HHD.	Deduction in respect of earnings in convertible foreign exchange.	Omitted
80HHE.	Deduction in respect of profits from export of computer software, etc.	Omitted
80HHF	Deduction in respect of profits and gains from export or transfer of film software, etc.	Omitted
80-I.	Deduction in respect of profits and gains from industrial undertakings after a certain date, etc.	Omitted
80-IA	Deductions in respect of profits and gains from industrial undertakings or enterprises engaged in infrastructure development, etc.	138
80-IAB	Deductions in respect of profits and gains by an undertaking or enterprise engaged in development of Special Economic Zone	139
80-IAC	Special provision in respect of specified business	140
80-IB	Deduction in respect of profits and gains from certain industrial undertakings	141
80-IBA	Deductions in respect of profits and gains from housing projects	142
80-IC	Special provisions in respect of certain undertakings or enterprises in certain special category States.	Omitted
80-ID.	Deduction in respect of profits and gains from business of hotels and convention centres in specified area.	Omitted
80-IE	Special provisions in respect of certain undertakings in North-Eastern States	143
80J	Deduction in respect of profits and gains from newly established industrial undertakings or ships or hotel business in certain cases. [Omitted by the Finance (No. 2) Act, 1996,]	Omitted
80JJ	Deduction in respect of profits and gains from business of poultry farming. [Omitted by the Finance Act, 1997, w.e.f. 1-4-1998.]	Omitted
80JJA	Deduction for businesses engaged in collecting and processing of bio-degradable waste	145
80JJAA	Deduction in respect of additional employee cost	146
80K	Deduction in respect of dividends attributable to profits and gains from new industrial undertakings or ships or hotel business. [Omitted by the Finance Act, 1986]	Omitted
80L	Deductions in respect of interest on certain securities, dividends, etc. [Omitted by the Finance Act, 2005]	Omitted
80LA	Deductions for income of Offshore Banking Units and Units of International Financial Services Centre	147
80M	Deduction in respect of certain inter-corporate dividends	148
80MM	Deduction in the case of an Indian company in respect of royalties, etc., received from any concern in India. [Omitted by the Finance Act, 1983]	Omitted
80N	Deduction in respect of dividends received from certain foreign companies. [Omitted by the Finance Act, 1985]	Omitted
80-O	Deduction in respect of royalties, etc., from certain foreign enterprises.	Redundant
80P	Deduction in respect of income of co-operative societies.	149
80PA	Deduction in respect of certain income of Producer Companies.	150
80Q.	Deduction in respect of profits and gains from the business of publication of books.	Omitted
80QQ	Deduction in respect of profits and gains from the business of publication of books. [Omitted by the Direct Tax Laws (Amendment) Act, 1987]	Omitted
80QQA	Deduction in respect of professional income of authors of text books in Indian languages.	Omitted
80QQB	Deduction in respect of royalty income, etc, of authors of certain books other than text-books	151
80R	Deduction in respect of remuneration from certain foreign sources in the case of professors, teachers, etc.	Omitted
80RR	Deduction in respect of professional income from foreign sources in certain cases.	Omitted
80RRA	Deduction in respect of remuneration received for services rendered outside India.	Omitted
80RRB	Deduction in respect of royalty on patents	152
80S	Deduction in respect of compensation for termination of managing agency, etc., in the case of assessees other than companies.	Omitted
80T	Deduction in respect of long-term capital gains in the case of assessees other than companies.	Omitted
80TT	Deduction in respect of winnings from lottery.	Omitted
80TTA	Deduction for Interest on Deposits	153
80TTB	Deduction in respect of interest on deposits in case of senior citizens.	Omitted
80U	Deduction in case of a person with disability	154
80V	Deduction from gross total income of the parent in certain cases.	Omitted
80VV	Deduction in respect of expenses incurred in connection with certain proceedings under the Act.	Omitted
80VVA	[Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
81	Prohibition against arrest of women or minors, etc. [Omitted by the Finance (No. 2) Act, 1967, w.e.f. 1-4-1968.]	Omitted
82	Officers deemed to be acting judicially. [Omitted by the Finance (No. 2) Act, 1967, w.e.f. 1-4- 1968.]	Omitted
83	Power to take evidence. [Omitted by the Finance (No. 2) Act, 1967, w.e.f. 1-4-1968.]	Omitted
84	Continuance of certificate.[Omitted by the Finance (No. 2) Act, 1967, w.e.f. 1-4-1968.]	Omitted
85	Procedure on death of defaulter. [Omitted by the Finance (No. 2) Act, 1967, w.e.f. 1-4-1968.]	Omitted
85A	[Omitted by the Finance (No. 2) Act, 1967, w.e.f. 1-4-1968.]	Omitted
85B	[Omitted by the Finance (No. 2) Act, 1967, w.e.f. 1-4-1968.]	Omitted
85C	[Omitted by the Finance (No. 2) Act, 1967, w.e.f. 1-4-1968.]	Omitted
86	Share of member of an association of persons or body of individuals in the income of association or body	310
86A	Deduction from tax on certain securities.	Omitted
87	Rebate to be allowed in computing income-tax.	156
87A	Rebate of income-tax in case of certain individuals.	157
88	[Omitted by the Finance Act, 2023, w.e.f. 1-4-2023.]	Omitted
88A	[Omitted by the Finance (No. 2) Act, 1996, w.r.e.f. 1-4-1994.]	Omitted
88B	[Omitted by the Finance Act, 2005, w.e.f. 1-4-2006.]	Omitted
88C	[Omitted by the Finance Act, 2005, w.e.f. 1-4-2006.]	Omitted
88D	[Omitted by the Finance Act, 2005, w.e.f. 1-4-2006.]	Omitted
88E	Rebate in respect of STT*	Omitted
89	Penalties [Omitted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1989.]	158
89A	Relief from taxation in income from retirement benefit account maintained in a notified country.	159
90	Agreement with foreign countries or specified territories.	160
90A	Adoption by Central Government of agreement between specified associations for double taxation relief	160
91	Countries with which no agreement exists.	161
92	Computation of income from international transaction having regard to arm's length price.	162
92A	Meaning of associated enterprise.	163
92B	Meaning of international transaction.	164
92BA	Meaning of specified domestic transaction.	165
92C	Computation of arm's length price.	166
92CA	Reference to Transfer Pricing Officer.	167
92CB	Power of Board to make safe harbour rules.	168
92CC	Advance pricing agreement.	169
92CD	Effect to advance pricing agreement.	170
92CE	Secondary adjustment in certain cases.	171
92D	Maintenance, keeping and furnishing of information and document by certain persons.	172
92E	Report from an accountant to be furnished by persons entering into international transaction or specified domestic transaction.	173
92F	Definitions of certain terms relevant to computation of arm's length price, etc.	174
93	Avoidance of income-tax by transactions resulting in transfer of income to non-residents.	175
94	Avoidance of tax by certain transactions in securities.	176
94A	Special measures in respect of transactions with persons located in notified jurisdictional area.	177
94B	Limitation on interest deduction in certain cases.	178
95	Applicability of General Anti-Avoidance Rule.	179
96	Impermissible avoidance arrangement.	180
97	Arrangement to lack commercial substance.	181
98	Consequences of impermissible avoidance arrangement.	182
99	Treatment of connected person and accommodating party.	183
100	Application of this Chapter.	184
101	Framing of guidelines.	184
102	Definitions.	185
103	[Omitted by the Finance Act, 1965, w.e.f. 1-4-1965.]	Omitted
104	Income-tax on undistributed income of certain companies.[Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
105	Special provisions for certain companies. [Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
106	Period of limitation for making orders under section 104.[Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
107	Approval of Inspecting Assistant Commissioner for orders under section 104.[Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
107A	Reduction of minimum distribution in certain cases. . [Omitted by the Finance Act, 1987, w.e.f. 1 4-1988. Original section was inserted by the Finance Act, 1964, w.e.f. 1-4-1964.]	Omitted
108	Savings for company in which public are substantially interested. [Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
109	"Distributable income", "investment company" and "statutory percentage" defined.[Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
110	Determination of tax where total income includes income on which no tax is payable.	190
111	Tax on accumulated balance of recognised provident fund.	191
111A	Tax on short-term capital gains in certain cases.	196
112	Tax on long-term capital gains.	197
112A	Tax on long-term capital gains in certain cases.	198
113	Tax in the case of block assessment of search cases.	192
114	Omitted [Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
115	Omitted [Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
115A	Tax on dividends, royalty and technical service fees in case of foreign companies.	207
115AB	Tax on income from units purchased in foreign currency or capital gains arising from their transfer.	208
115AC	Tax on income from bonds or Global Depository Receipts purchased in foreign currency or capital gains arising from their transfer.	209
115ACA	Tax on income from Global Depository Receipts purchased in foreign currency or capital gains arising from their transfer.	193
115AD	Tax on income of Foreign Institutional Investors from securities or capital gains arising from their transfer.	210
115B	Tax on profits and gains of life insurance business.	194(Table: S. No. 6)
115BA	Tax on income of certain manufacturing domestic companies.	199
115BAA	Tax on income of certain domestic companies.	200
115BAB	Tax on income of new manufacturing domestic companies.	201
115BAC	Tax on income of individuals Hindu undivided family and others	202
115BAD	Tax on income of certain resident co-operative societies.	203
115BAE	Tax on income of certain new manufacturing co-operative societies.	204
NEW	N.A.	205
115BB	Tax on winnings from lotteries, crossword puzzles, races including horse races, card games and other games of any sort or gambling or betting of any form or nature whatsoever.	194(Table:S. No. 1)
115BBA	Tax on non-resident sportsmen or sports associations.	211
115BBB	Tax on income from units of an open-ended quity oriented fund of the Unit Trust of India or of Mutual Funds.	Redundant
115BBC	Anonymous donations to be taxed in certain cases.	337(Table: S. No. 1)
115BBD	Tax on certain dividends received from foreign companies.	Redundant
115BBDA	Tax on ceratin dividends received from domestic companies.	Redundant
115BBE	Tax on income referred to in section 68 or section 69 or section 69A or section 69B or section 69C or section 69D.	195
115BBF	Tax on income from patents.	194(Table: S. No. 2)
115BBG	Tax on income from transfer of carbon credit.	194(Table: S. No. 3)
115BBH	Tax on income from virtual digital asset.	194(Table: S. No. 4)
115BBI	Specified income of certain institutions.	337
115BBJ	Tax on winnings from online games.	194(Table: S. No. 5)
115C	Special provisions relating to certain incomes of non-residents.	212
115D	Special provision for computation of total income of non-residents.	213
115E	Tax on investment income and long-term capital gains.	214
115F	Capital gains on transfer of foreign exchange assets not to be charged in certain cases.	215
115G	Return of income not to be filed in certain cases.	216
115H	Benefit under Chapter to be available in certain cases even after assessee becomes resident.	217
115I	Chapter not to apply if the assessee so chooses.	218
115J	Special provisions relating to certain companies.	Redundant
115JA	Deemed income relating to certain companies.	206
115JAA	Tax credit in respect of tax paid on deemed income relating to ceratain companies.	206
115JB	Special provisions for payment of tax by certain companies.	206
115JC	Special provisions for payment of tax by certain persons other than a company.	206
115JD	Tax credit for alternate minimum tax.	206
116JE	Application of other provisions of this Act.	206
115JEE	Application of this Chapter to certain persons.	206
115JF	Interpretation in this Chapter	206
115JG	Conversion of an Indian branch of foreign company into subsidiary Indian company	219
115JH	Foreign company said to be resident in India	220
115K	Return of income not to be filed in certain cases. [Omitted by the Finance Act, 1997, w.e.f. 1-4-1998.]	Omitted
115L	Return of income not to be filed in certain cases.[Omitted by the Finance Act, 1997, w.e.f. 1-4-1998.]	Omitted
115M	Special provision for disallowance of deductions and rebate of income-tax. [Omitted by the Finance Act, 1997, w.e.f. 1-4-1998.]	Omitted
115N	Bar of proceedings in certain cases. [Omitted by the Finance Act, 1997, w.e.f. 1-4-1998.]	Omitted
115-O	Tax on distributed profits of domestic companies.	Redundant
115P	Interest payable for non-payment of tax by domestic companies.	Redundant
115Q	When company is deemed to be in default.	Redundant
115QA	Tax on distributed income to shareholders.	Redundant
115QB	Interest payable for non-payment of tax by company.	Redundant
115QC	When company is deemed to be assessee in default.	Redundant
115R	Tax on distributed income to unit holders.	Redundant
115S	Interest payable for non-payment of tax.	Redundant
115T	Unit Trust of India or Mutual Fund to be an assessee in default.	Redundant
115TA	Tax on distributed income to investors.	Redundant
115TB	Interest payable for non-payment of tax.	Redundant
115TC	Securitisation trust to be assessee in default.	Redundant
115TCA	Tax on income from securitisation trusts.	221
115TD	Tax on accreted income.	352
115TE	Interest payable for non payment of tax by specified person	352
115TF	When specified person is deemed to be assessee in default	352
115U	Tax on income in certain cases.	222
115UA	Tax on income of unit holder and business trust.	223
115UB	Tax on income of investment fund and its unit holders.	224
115V	Definitions.	235
115VA	Computation of profits and gains from the business of operating qualifying ships.	225
115VB	Operating ships.	226(1)
115VC	Qualifying Company	235(h)
115VD	Qualifying Ship	235(i)
115VE	Manner of computation of income under tonnage tax scheme	226(2) to (6)
115VF	Tonnage income	226(7)
115VG	Computation of tonnage income	227(1) to (6)
115VH	Calculation in case of joint operation, etc.	227(7) & (8)
115V-I	Relevant shipping income.	228(1) to (13)
115VJ	Treatment of common costs.	228(14) & (15)
115VK	Depreciation.	229(1) to (7)
115VL	General exclusion of deduction and set off, etc.	230(1)
115VM	Exclusion of loss.	230(2) to (4)
115VN	Chargeable gains from transfer of tonnage tax assets.	229(8) to (10)
115V-O	Exclusion from provisions of section 115JB.	228(16)
115VP	Method and time of opting for tonnage tax scheme.	231(1) to (7)
115VQ	Period for which tonnage tax option to remain in force.	231(8) & (9)
115VR	Renewal of tonnage tax scheme.	231(10) & (11)
115VS	Prohibition to opt for tonnage tax scheme in certain cases.	231(12)
115VT	Transfer of profits to Tonnage Tax Reserve Account.	232(1) to (11)
115VU	Minimum training requirement for tonnage tax company.	232(12) to (14)
115VV	Limit for charter in of tonnage.	232(15) to (20)
115VW	Maintenance of audit of accounts.	232(21)
115VX	Determination of tonnage.	227(9)
115VY	Amalgamation.	233(1) to (4)
115VZ	Demerger.	233(5) & (6)
115VZA	Effect of temporarily ceasing to operate qualifying ships.	232(22) & (23)
115VZB	Avoidance of tax and exclusion from tonnage tax scheme.	234(1) to (3)
115VZC	Exclusion from tonnage tax scheme.	234(4) to (7)
115W	Definitions.	Redundant
115WA	Charge of fringe benefit tax.	Redundant
115WB	Fringe benefits.	Redundant
115WC	Value of fringe benefits.	Redundant
115WD	Return of fringe benefits.	Redundant
115WE	Assessment.	Redundant
115WF	Best judgment assessment.	Redundant
115WG	Fringe benefits escaping assessment.	Redundant
115WH	Issue of notice where fringe benefits have escaped assessment.	Redundant
115WI	Payment of fringe benefit tax.	Redundant
115WJ	Advance tax in respect of fringe benefits.	Redundant
115WK	Interest for default in furnishing return of fringe benefits.	Redundant
115WKA	Recovery of fringe benefit tax by the employer from the employee.	Redundant
115WKB	Deemed payment of tax by employee.	Redundant
115WL	Application of other provisions of this Act.	Redundant
115WM	Chapter XII-H not to apply after a certain date.	Redundant
116	Income-tax Authorities.	236
117	Appointment of income-tax authorities.	237
118	Control of income-tax authorities.	238
119	Instructions to subordinate authorities.	239
119A	Charter for Taxpayer.	240
120	Jurisdiction of income-tax authorities.	241
121	Omitted [Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
121A	Omitted [Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
122	Omitted [Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
123	Omitted [Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
124	Jurisdiction of Assessing Officers.	242
125	Omitted [Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
125A	Omitted [Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
126	Omitted [Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
127	Power to transfer cases.	243
128	Omitted [Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
129	Change of incumbent of an office.	244
130	Faceless jurisdiction of income-tax authorities.	245
130A	Income-tax Officer competent to perform any function or functions.[Omitted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1988. Original section was inserted by the Finance (No. 2) Act, 1967, w.e.f. 1-4-1967.]	Omitted
131	Power regarding discovery, production of evidence, etc.	246
132	Search and seizure.	247, 249, 251
132A	Powers to requisition books of account, etc.	248, 249
132B	Application of seized or requisitioned assets.	250
133	Power to call for information.	252
133A	Power of survey.	253
133B	Power to collect certain information.	254
133C	Power to call for information by prescribed income-tax authority.	259
134	Power to inspect registers of companies.	255
135	Power of Principal Director General or Director General or Principal Director or Director, Principal Chief Commissioner or Chief Commissioner or Principal Commissioner or Commissioner and Joint Commissioner.	256
135A	Faceless collection of information.	260
136	Proceedings before income-tax authorities to be judicial proceedings.	257
137	Disclosure of information prohibited.	Omitted
138	Disclosure of information respecting assessees.	258
139	Return of Income	263
139A	Permanent Account Number	262
139AA	Quoting of Aadhaar Number	262(9)
139B	Scheme for submission of returns through Tax Return Preparers	264
139C	Power of Board to dispense with furnishing documents, etc., with return	263(2)(a)
139D	Filing of return in electronic form	263(2)(a)
140	Return by whom to be verified	265
140A	Self-assessment	266
140B	Tax on Updated Returns	267
141	Provisional assessment. [Omitted by the Taxation Laws (Amendment) Act, 1970, w.e.f. 1-4- 1971.]	Omitted
141A	Provisional assessment for refund. [Omitted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1989. Section 141A was inserted by the Finance Act, 1968, w.e.f. 1-4-1968. Original section was inserted by the Finance Act, 1963, w.e.f. 1-4-1963 and omitted by the Finance Act, 1964, w.e.f. 1-4-1964.]	Omitted
142	Inquiry before assessment	268
142A	Estimation of value of assets by Valuation Officer	269
142B	Faceless Inquiry or Valuation	532
143	Assessment	270
144	Best judgment assessment	271
144A	Power of Joint Commissioner to issue directions in certain cases	272
144B	Faceless Assessment	273
144BA	Reference to Principal Commissioner or Commissioners in certain cases	274
144C	Reference to dispute resolution panel	275
145	Method of accounting	276
145A	Method of accounting in certain cases	277
145B	Taxability of certain income	278
146	Reopening of assessment at the instance of the assessee. [Omitted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1989.]	Omitted
147	Income escaping assessment	279
148	Issue of notice where income has escaped assessment	280
148A	Procedure before issuance of notice u/s 148	281
148B	Prior Approval for assessment, reassessment or recomputation in certain cases	Omitted
149	Time limit for notice u/s 148 and 148A	282
150	Provision for cases where assessment is in pursuance of an order on appeal, etc	283
151	Sanction for issue of notice	284
151A	Faceless assessment of income escaping assessment	532
152	other provisions	285
153	Time limit for completion of assessments, reassessments and recomputation	286
153A	Assessment in case of search or requisition	Omitted
153B	Time-limit for completion of assessment under section 153A	Omitted
153C	Assessment of income of any other person	Omitted
153D	Prior approval necessary for assessment in cases of search or requisition.	Omitted
154	Rectification of mistake	287
155	Other Amendments.	288
156	Notice of demand.	289
156A	Modification and revision of notice in certain cases.	290
157	Intimation of Loss.	291
157A	Faceless rectification, amendments and issuance of notice or intimation.	532
158	Intimination of assessment of firm.	Omitted
158A	Procedure when assessee claims identical question of law is pending before High Court or Supreme Court.	375
158AA	Procedure when in an appeal by revenue an identical question of law is pending before Supreme Court.	Redundant
158AB	Procedure where an identical question of law is pending before High Court or Supreme Court.	376
158B	Definitions.	301
158BA	Assessment of total income as a result of search.	292
158BB	Computation of undisclosed income of the block period.	293
158BC	Procedure for block assessment.	294
158BD	Undisclosed income of any other person.	295
158BE	Time limit for completion of block assessment.	296
158BF	Certain interests and penalties not to be levied or imposed.	297
158BFA	Levy of interest and penalty in certain cases.	298
158BG	Authority competent to make the block assessment.	299
158BH	Application of other provisions of this Act.	300
158BI	Chapter not to apply after certain date.	Omitted
159	Legal representatives.	302
160	Representative assessee.	303
161	Liability of representative assessee.	304
162	Right of representative assessee to recover tax paid.	305
163	Who may be regarded as agent.	306
164	Charge of tax where share of beneficiaries unknown.	307
164A	Charge of tax in case of oral trust.	308
165	Case where part of trust income is chargable.	304
166	Direct assessment or recovery not barred .	304
167	Remedies against property in cases of representative assessees .	304
167A	Charge of tax in case of a firm.	324
167B	Charge of tax where shares of members in association of persons or body of individuals unknown etc.	311
167C	Liability of partners of limited liability partnership in liquidation.	331
168	Executors.	312
169	Right of executor to recover tax paid .	312
170	Succession to business otherwise than on death.	313
170A	Effect of order of tribunal or court in respect of business reorganisation.	314
171	Assessment after partition of a Hindu undivided family.	315
172	Shipping business of non-residents.	316
173	Recovery of tax arrear in respect of non-resident from his assets.	422
174	Assessment of persons leaving India.	317
174A	Assessment of association of persons or body of individuals or artificial juridical person formed for a particular event or purpose.	318
175	Assessment of persons likely to transfer property to avoid tax.	319
176	Discontinued business.	320
177	Association dissolved or business discontinued.	321
178	Company in liquidation.	322
179	Liability of directors of private company.	323
180	Royalties or copyright fees for literary or artistic work (Prior to 1.04.2000)	Redundant
180A	Consideration for know-how (Prior to 1.04.2000)	Redundant
181	[Omitted by the Finance Act, 1988, w.e.f. 1-4-1989.]	Omitted
182	[Omitted by the Finance Act, 1992, w.e.f. 1-4-1993.] [Omitted by the Finance Act, 1992, w.e.f. 1-4-1993.]	Omitted
183		Omitted
184	Assessment as a Firm.	325
185	Assessment when section 184 not complied with.	326
186	[***]	Omitted
187	Change in constitution of a firm.	327
188	Succession of one firm by another firm.	328
188A	Joint and several liability of partners for tax payable by firm.	329
189	Firm dissolved or business discontinued.	330
189A	Provisions applicable to past assessment of firms (prior to 01.04.92).	Redundant
190	Deduction at source and advance payment.	390
191	Direct payment.	391
192	Salary.	392
192A	Payment of accumulated balance due to an employee.	392(7)
193	Interest on Securities.	393(1)[Table: S.No. 5(i)], 393(4)[Table: S.No. 6]
194	Dividends.	393(1)[Table: S.No. 7], 393(4)[Table: S.No.10]
194A	Interest other than "Interest on securities".	393(1)[Table: S.No. 5(ii) & 5(iii)] , 393(4)[Table: S.No. 7]
194B	Winnings from lottery or crossword puzzle, etc.	393(3)[Table: S.No.1]
194BA	Winnings from online games.	393(3)[Table: S.No. 2]
194BB	Winnings from horse race.	393(3)[Table: S.No. 3]
194C	Payments to contractors.	393(1)[Table: S.No. 6(i)], 393(4)[Table: S.No. 8]
194D	Insurance commission.	393(1)[Table: S.No.1(i)]
194DA	Payment in respect of life insurance policy.	393(1)[Table: S.No. 8(i)]
194E	Payments to non-resident sportsmen or sports associations.	393(2)[Table: S.No.1]
194EE	Paymens in respect of deposits under National Savings Schemes,etc.	393(3)[Table: S.No. 6]
194F	Payments on account of repurchase of units by Mutual Fund or Unit Trust of India.[Omitted by the Finance (No. 2) Act, 2024, w.e.f. 1-10-2024.]	Omitted
194G	Commission, etc. on sale of lottery tickets.	393(3)[Table: S.No. 4]
194H	Commission or brokerage.	393(1)[Table: S.No. 1(ii)], 393(4)[Table: S.No. 1]
194I	Rent.	393(1)[Table: S.No. 2(i) & 2(ii)], 393(4)[Table: S.No. 2]
194-IA	Payment on transfer of certain immovable propety other than agricultural land.	393(1)[Table: S.No. 3(i)]
194-IB	Payment of rent by certain individuals or Hindu undivided family.	393(3)[Table: S.No. 2(ii)]
194-IC	Payment under specified agreement.	393(1)[Table: S.No. 3(ii)]]
194J	Fees for professional or technical services.	393(1)[Table: S.No. 6(iii)], 393(4)[Table: S.No. 9]
194K	Income in respect of units.	393(1)[Table: S.No. 4(i)], 393(4)[Table: S.No. 4],
194L	Payment of compensation on acquisition of capital asset.[Omitted by the Finance Act, 2016, w.e.f. 1-6-2016.]	Omitted
194LA	Payment of compensation on acquisition of certain immovable property.	393(1)[Table: S.No. 3(iii)], 393(4)[Table: S.No. 3]
194LB	Income by way of interest from infrastructure debt fund.	393(2)[Table: S.No. 5]
194LBA	Certain income from units of a business trust.	393(1)[Table: S.No. 4(ii)], 393(2)[Table: S.No.6 & 7], 393(4)[Table: S.No. 5, 13]
194LBB	Income in respect of units of investment fund.	393(1)[Table: S.No. 4(iii)], 393(2)[Table: S.No. 8], 393(4)[Table: S.No.14]
194LBC	Income in respect of investment in securitisation trust.	393(1)[Table: S.No. 4(iv)], 393(2)[Table: S.No. 9]
194LC	Income by way of interest from Indian company.	393(2)[Table: S.No. 2,3 & 4]
194LD	Income by way of interest on certain bonds and Government securities.	Omitted
194M	Payment of certain sums by certain invidivuals or Hindu undivided family.	393(1)[Table: S.No. 6(ii)]
194N	Payment of certain amounts in cash.	393(3)[Table: S.No. 5], 393(4)[Table: S.No. 18}
194O	Payment of certain sums by e-commerce operator to e-commerce participant.	393(1)[Table: S.No. 8(v)], 393(4)[Table: S.No. 11]
194P	Deduction of tax in case of specified senior citizen.	393(1)[Table: S.No. 8(vii)]
1904Q	Deduciton of tax at source on payment of certain sum for purchase of goods.	393(1)[Table: S.No. 8(ii)]
194R	Deduction of tax on benefit of perquisite in respect of business or profession.	393(1)[Table: S.No. 8(iv)]
194S	Payment on transfer of virtual digital asset.	393(1)[Table: S.No. 8(iv)] , 393(4)[Table: S.No. 12]
194T	Payment to partners of firms.	393(3)[Table: S.No. 7]
195	Other sums.	393(2)[Table: S.No.17]
195A	Income payable "net of tax".	393(10)
196	Interest or dividend or other sums payable to Government, Reserve Bank or certain corporations.	393(5)
196A	Income in respect of units of non-residents.	393(2)[Table: S.No. 10], 393(4)[Table: S.No. 15]
196B	Income from units.	393(2)[Table: S.No. 11 & 12]
196C	Income from foreign currency bonds or shares of Indian company.	393(2)[Table: S.No. 13 & 14]
196D	Income of Foreign Institutional Investors from securities.	393(2)[Table: S.No. 15 & 16], 393(4)[Table: S.No. 16 & 17]
197	Certificate for deduction at lower rate.	395(1)
197A	No deduction to be made in certain cases.	393(6)
197B	Lower deduction in certain cases for a limited period.	Omitted
198	Tax deducted is income received.	396
199	Credit for tax deducted.	390(5), 390(6)
200	Duty of person deducting tax.	397(3)
200A	Processing of statements of tax deducted at source.	399
201	Consequences of failure to deduct or pay.	398
202	Deduction only one mode of recovery.	390(4)
203	Certificate for tax deducted.	395(4)
203A	Tax deduction and collection account number.	397(1)
203AA	Furnishing of statement of tax deducted. [Omitted by the Finance Act, 2020, w.e.f. 1-6-2020.]	Omitted
204	Meaning of "Person responsible for paying"	402(27)
205	Bar against direct demand on assessee.	401
206	Persons deducting tax to furnish prescribed returns.	Omitted
206A	Furnishing of statement in respect of payment of any income to residents without deduction of tax.	397(3)
206AA	Requirement to furnish Permanent Account Number.	397(2)
206AB	Special provision for deduction of tax at source for non-filers of income tax return.	Omitted
206B	Person paying dividend to certain residents without deduction of tax to furnish prescribed return. [Omitted by the Finance (No. 2) Act, 1996, w.e.f.1-10-1996.]	Omitted
206C	Profits and gains from the business of trading in alcoholic liqour, forest product, scrap, etc.	394, 395(3 & 4), 397(3), 398
206CA	Tax collection account number .	397(1)
206CB	Processing of statements of tax collected at source.	399
206CC	Requirement to furnish Permanent Account Number by collectee.	397(2)
206CCA	Special provision for collection of tax at source for non-filers of income tax return	Omitted
207	Liability for payment of advance tax.	403
208	Conditions of liability to pay advance tax.	404
209	Computation of advance tax.	405
209A	Omitted [Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
210	Payment of advance tax by the assessee of his own accord or in pursuance of order of Assessing Officer.	406 & 407
211	Instalments of advance tax and due dates.	408
212	[Omitted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1988.]	Omitted
213	[Omitted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1988.]	Omitted
214	Interest payable by government.	Redundant
215	Interest payable by assessee.	Redundant
216	Interest payable by assessee in case of under estimate etc.	Redundant
217	Interest payable by assessee when no estimate made.	Redundant
218	When assessee deemed to be in default.	409
219	Credit for advance tax.	410
220	When tax payable and when assessee deemed in default.	411
221	Penalty payable when tax in default.	412
222	Certificate to Tax Recovery Officer.	413
223	Tax Recovery Officer by whom recovery is to be effected.	414
224	Validity of certificate and cancellation or amendment thereof.	413
225	Stay of proceedings in pursuance of certificate and amendment or cancellation thereof.	415
226	Other modes of recovery.	416
227	Recovery through State Government.	417
228	Omitted [Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
228A	Recovery of tax in pursuance of agreements with foreign countries.	418
229	Recovery of penalties, fine, interest and other sums.	419
230	Tax clearance certificate.	420
230A	Omitted [Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
231	Faceless collection and recovery of tax.	532
232	Recovery by suit or under other law not affected.	421
233	Omitted [Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
234	Omitted [Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
234A	Interest for defaults in furnishing return of income.	423
234B	Interest for defaults in payment of advance tax.	424
234C	Interest for deferment of advance tax.	425
234D	Interest on excess refund.	426
234E	Fee for default in furnishing statements.	427
234F	Fee for default in furnishing return of income.	428
234G	Fee for default relating to statement or certificate.	429
234H	Fee for default relating to intimation of aadhaar number.	430
235	Omitted [Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
236	Relief to company in respect of dividends paid out of past tax profit	Redundant
236A	Relief to certain charitable institutions in respect of certain dividends.	Redundant
237	Refunds.	431
238	Person entitled to claim refund in certain special cases.	432
239	Form of claim for refund and limitation.	433
239A	Refund for denying liability to deduct tax in certain cases.	434
240	Refund on appeal etc.	435
241	Omitted [Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.]	Omitted
241A	Withholding of refund in certain cases.	Redundant
242	Correctness of assessment not to be questioned.	436
243	Interest on delayed refunds.	Redundant
244	Interest on refund where no claim is needed.	Redundant
244A	Interest on refunds.	437
245	Set off and withholding of refunds in certain cases.	438
245A	Definitions.	Redundant
245AA	Interim Boards for Settlement.	Redundant
245B	Income-tax Settlement Commission.	Redundant
245BA	Jurisdiction and powers of Settlement Commission.	Redundant
245BB	Vice-Chairman to act as Chairman or to discharge his functions in certain circumstances.	Redundant
245BC	Power of Chairman to transfer cases from one Bench to another.	Redundant
245BD	Decision to be by majority.	Redundant
245C	Application for settlement of cases.	Redundant
245D	Procedure on receipt of an application under section 245C.	Redundant
245DD	Power of Settlement Commission to order provisional attachment to protect revenue.	Redundant
245E	Power of Settlement Commission to reopen completed proceedings.	Redundant
245F	Powers and procedure of Settlement Commission.	Redundant
245G	Inspection, etc., of reports.	Redundant
245H	Power of Settlement Commission to grant immunity from prosecution and penalty.	Redundant
245HA	Abatement of proceeding before Settlement Commission.	Redundant
245HAA	Credit for tax paid in case of abatement of proceedings.	Redundant
245-I	Order of settlement to be conclusive.	Redundant
245J	Recovery of sums due under order of settlement.	Redundant
245K	Bar on subsequent application for settlement.	Redundant
245L	Proceedings before Settlement Commission to be judicial proceedings.	Redundant
245M	Option to withdraw pending application.	Redundant
245MA	Dispute Resolution Committee.	379
245N	Definitions.	380
245-O	Authority for Advance Rulings.	Redundant
245-OA	Qualifications, terms and conditions of service of Chairman, Vice-Chairman and Member.	Redundant
245-OB	Board for Advance Rulings.	381
245P	Vacancies etc., not to invalidate proceedings.	382
245Q	Application for advance ruling.	383
245R	Procedure on receipt of application.	384
245RR	Appellate Authority not to proceed in certain cases.	385
245S	Applicability of advance ruling.	Redundant
245T	Advance ruling to be void in certain circumstances.	386
245U	Powers of the Authority.	387
245V	Procedure of Authority.	388
245W	Appeal.	389
246	Appealable orders before Joint Commissioner (Appeals).	356
246A	Appealable orders before Commissioner (Appeals).	357
247	Appeal by partner.[Omitted by the Finance Act, 1992, w.e.f. 1-4-1993.]	Omitted
248	Appeal by a person denying liability to deduct tax in certain cases.	Redundant
249	Form of appeal and limitation.	358
250	Procedure in appeal.	359
251	Powers of Joint Commissioner (Appeals) or Commissioner (Appeals).	360
252	Appellate Tribunal.	361
252A	Qualifications, terms and conditions of service of President, Vice-President and Member	361
253	Appeals to the Appellate Tribunal.	362
254	Orders of Appellate Tribunal.	363
255	Procedure of Appellate Tribunal.	364
256	Statement of case to the High Court.	Redundant
257	Statement of case to Supreme Court in certain cases.	Redundant
258	Power of High Court or Supreme Court to require statement to be amended.	Redundant
259	Case before High Court to be heard by not less than two judges.	Redundant
260	Decision of High Court or Supreme Court on the case stated.	Redundant
260A	Appeal to High Court.	365
260B	Case before High Court to be heard by not less than two judges.	366
261	Appeal to Supreme Court.	367
262	Hearing before Supreme Court.	368
263	Revision of orders prejudicial to revenue.	377
264	Revision of other orders.	378
264A	Faceless revision of orders.	532
264B	Faceless effect of orders.	532
265	Tax to be paid notwithstanding reference, etc.	369
266	Execution for costs awarded by Supreme Court.	370
267	Amendment of assessment on appeal.	371
268	Exclusion of time taken for copy.	372
268A	Filing of appeal or application fore reference by income-tax authority.	373
269	Definition of "High Court"	374
269A	Definitions.	Redundant
269AB	Registration of certain transactions.	Redundant
269B	Competent authority.	Redundant
269C	Immovable property in respect of which proceedings for acquisition may be taken.	Redundant
269D	Preliminary notice.	Redundant
269E	Objections.	Redundant
269F	Hearing of objections.	Redundant
269G	Appeal against order for acquisition.	Redundant
269H	Appeal to High Court.	Redundant
269-I	Vesting of property in Central Government.	Redundant
269J	Compensation.	Redundant
269K	Payment or deposit of compensation.	Redundant
269L	Assistance by Valuation Officers.	Redundant
269M	Powers of competent authority.	Redundant
269N	Rectification of mistakes.	Redundant
269-O	Appearance by authorised representative or registered valuer.	Redundant
269P	Statement to be furnished in respect of transfers of immovable property.	Redundant
269Q	Chapter not to apply to transfers to relatives.	Redundant
269R	Properties liable for acquisition under this Chapter not to be acquired under other laws.	Redundant
269RR	Chapter not to apply where transfer of immovable property made after a certain date.	Redundant
269S	Chapter not to extend to State of Jammu and Kashmir.	Redundant
269SS	Mode of taking or accepting certain loans, deposits and specified sum.	185
269ST	Mode of undertaking transactions.	186
269SU	Acceptance of payment through prescribed electronic modes.	187
269T	Mode of repayment of certain loans or deposits.	188, 189
269TT	Mode of repayment of Special Bearer Bonds, 1991.	Redundant
269U	Commencement of Chapter.	Redundant
269UA	Definitions.	Redundant
269UB	Appropriate authority.	Redundant
269UC	Restrictions on transfer of immovable property.	Redundant
269UD	Order by appropriate authority for purchase by Central Government of immovable property.	Redundant
269UE	Vesting of property in Central Government.	Redundant
269UF	Consideration for purchase of immovable property by Central Government.	Redundant
269UG	Payment or deposit of consideration.	Redundant
269UH	Re-vesting of property in the transferor on failure of payment or deposit of consideration.	Redundant
269UI	Powers of the appropriate authority.	Redundant
269UJ	Rectification of mistakes.	Redundant
269UK	Restrictions on revocation or alteration of certain agreements for the transfer of immovable property or on transfer of certain immovable property.	Redundant
269UL	Restrictions on registration, etc., of documents in respect of transfer of immovable property.	Redundant
269UM	Immunity to transferor against claims of transferee for transfer.	Redundant
269UN	Order of appropriate authority to be final and conclusive.	Redundant
269UO	Chapter not to apply to certain transfers.	Redundant
269UP	Chapter not to apply where transfer of immovable property effected after certain date.	Redundant
270	Failure to furnish information regarding securities, etc. [Omitted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1989.]	Omitted
270A	Penalty for under-reporting and misreporting of income.	439
270AA	Immunity from imposition of penalty, etc.	440
271	Failure to furnish returns, comply with notices, concealment of income, etc.	Redundant
271A	Failure to keep, maintain or retain books of account, documents, etc.	441
271AA	Penalty for failure to keep and maintain information and document, etc., in respect of certain transactions.	442
271AAA	Penalty where search has been initiated.	Redundant
271AAB	Penalty where search has been initiated.	Redundant
271AAC	Penalty in respect of certain income.	443
271AAD	Penalty for false entry, etc., in books of account.	444
271AAE	Benefits to related persons.	445
271B	Failure to get accounts audited.	446
271BA	Penalty for failure to furnish report under section 92E.	447
271BB	Penalty to subscribe to the eligible issue of capital.	Redundant
271C	Penalty for failure to deduct tax at source.	448
271CA	Penalty for failure to collect tax at source.	449
271D	Penalty for failure to comply with the provisions of section 269SS.	450
271DA	Penalty for failure to comply with provisions of section 269ST.	451
271DB	Penalty for failure to comply with provisions of section 269SU.	452
271E	Penalty for failure to comply with provisions of section 269T.	453
271F	Penalty for failure to furnish return of income.	Redundant
271FA	Penalty for failure to furnish statement of financial transaction or reportable account.	454
271FAA	Penalty for furnishing inaccurate statement of financial transaction or reportable account.	455
271FAB	Penalty for failure to furnish statement or information or document by an eligible investment fund.	456
271FB	Penalty for failure to furnish return of fringe benefits.	Redundant
271G	Penalty for failure to furnish information or document under section 92D.	457
271GA	Penalty for failure to furnish information or document under section 285A.	458
271GB	Penalty for failure to furnish report or for furnishing inaccurate report under section 286.	459
271GC	Penalty for failure to submit statement under section 285.	460
271H	Penalty for failure to furnish statements, etc.	461
271-I	Penalty for failure to furnish information or furnishing inaccurate information under section 195.	462
271J	Penalty for furnishing incorrect information in reports or certificates.	463
271K	Penalty for failure to furnish statements, etc.	464
272A	Penalty for failure to answer questions, sign statements, furnish information, returns or statements, allow inspections, etc.	465
272AA	Penalty for failure to comply with the provisions of section 133B.	466
272B	Penalty for failure to comply with the provisions of section 139A.	467
272BB	Penalty for failure to comply with the provisions of section 203A.	468
272BBB	Penalty for failure to comply with the provisions of section 206CA.	Redundant
273	False estimate of, or failure to pay, advance tax.	Redundant
273A	Power to reduce or waive penalty, etc., in certain cases.	469
273AA	Power of Principal Commissioner or Commissioner to grant immunity from penalty.	Redundant
273B	Penalty not to be imposed in certain cases.	470
274	Procedure.	471
275	Bar of limitation for imposing penalties.	472
275A	Contravention of order made under sub-section (3) of section 132.	473
275B	Failure to comply with the provisions of clause (iib) of sub-section (1) of section 132.	474
276	Removal, concealment, transfer or delivery of property to prevent tax recovery.	475
276A	Failure to comply with the provisions of sub-sections (1) and (3) of section 178.	Redundant
276AA	Failure to comply with the provisions of section 269AB or section 269-I. [Omitted by the Finance Act, 1986, w.e.f. 1-10-1986. Original section was inserted by the Income-tax (Amendment) Act, 1981, w.e.f. 1-7-1982.]	Omitted
276AB	Failure to comply with the provisions of sections 269UC, 269UE and 269UL.	Redundant
276B	Failure to pay tax to credit of Central Government under Chapter XII-D or XVII-B.	476
276BB	Failure to pay tax collected at source.	477
276C	Wilful attempt to evade tax, etc.	478
276CC	Failure to furnish returns of income.	479
276CCC	Failure to furnish return of income in search cases.	480
276D	Failure to produce accounts and documents.	481
276DD	Failure to comply with the provisions of section 269SS. [Omitted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1989.]	Omitted
276E	Failure to comply with the provisions of section 269T.[Omitted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1989.]	Omitted
277	False statement in verification, etc.	482
277A	Falsification of books of account or document, etc.	483
278	Abetment of false return, etc.	484
278A	Punishment for second and subsequent offences.	485
278AA	Punishment not to be imposed in certain cases.	486
278AB	Power of Principal Commissioner or Commissioner to grant immunity from prosecution.	Redundant
278B	Offences by companies.	487
278C	Offences by Hindu undivided family.	488
278D	Presumption as to assets, books of account, etc., in certain cases.	489
278E	Presumption as to culpable mental state.	490
279	Prosecution to be at instance of Principal Chief Commissioner or Chief Commissioner or Principal Commissioner or Commissioner.	491
279A	Certain offences to be non-cognizable.	492
279B	Proof of entries in records or documents	493
280	Proof of entries in records or documents, and Disclosure of particulars by public servants.	494
280A	Special Courts.	495
280B	Offences triable by Special Court.	496
280C	Trial of offences as summons case.	497
280D	Application of Code of Criminal Procedure, 1973 to proceedings before Special Court.	498
280A to 280X	[Omitted by Finance Act, 1988, W.E.F. 1-4-1988]	Omitted
280Y	Definitions.	Omitted
280Z	Tax credit certificates to certain equity shareholders.[Omitted by the Finance Act, 1990, w.e.f. 1-4-1990.]	Omitted
280ZA	Tax credit certificates for shifting of industrial undertaking from urban area. [Omitted by the Finance Act, 1987, w.e.f. 1-4-1988. Original section was inserted by the Finance Act, 1965, w.e.f. 1-4-1965.]	Omitted
280ZB	Tax credit certificate to certain manufacturing companies in certain cases. [Omitted by the Finance Act, 1990, w.e.f. 1-4-1990.]	Omitted
280ZC	Tax credit certificate in relation to exports. [Omitted by the Finance Act, 1990, w.e.f. 1-4-1990.]	Omitted
280ZD	Tax credit certificates in relation to increased production of certain goods. [Omitted by the Finance Act, 1990, w.e.f. 1-4-1990.]	Omitted
280ZE	Tax credit certificate scheme. [Omitted by the Finance Act, 1990, w.e.f. 1-4-1990.]	Omitted
281	Certain transfers to be void.	499
281A	Effect of failure to furnish information in respect of properties held benami [Repealed by the Benami Transactions (Prohibition) Act, 1988, w.e.f. 19-5-1988.]	Repealed
281B	Provisional attachment to protect revenue in certain cases.	500
282	Service of notice, generally.	501
282A	Authentication of notices and other documents.	502
282B	Allotment of Document Identification Number [Omitted by the Finance Act, 2011, w.e.f. 1-4-1990.]	Omitted
283	Service of notice when family is disrupted or firm etc., is dissolved.	503
284	Service of notice in case of discontinued business.	504
285	Submission of statement by a non-resident having liaison office.	505
285A	Furnishing of information or documents by an Indian concern in certain cases.	506
285B	Submission of statements by producers of cinematograph films or persons engaged in specified activity.	507
285BA	Obligation to furnish statement of financial transaction or reportable account.	508
285BAA	Obligation to furnish information on transaction of crypto-asset.	509
285BB	Annual information statement.	510
286	Furnishing of report in respect of international group.	511
287	Publication of information respecting assessees in certain cases.	512
287A	Appearance by registered valuer in certain matters.	513
NEW	N.A.	514
288	Appearance by authorised representative.	515
288A	Rounding off of income.	516
288B	Rounding off of amount payable and refundable due.	516
289	Receipt to be given.	517
290	Indemnity.	518
291	Power to tender immunity from prosecution.	519
292	Cognizance of offences.	520
292A	Section 360 of the Code of Criminal Procedure, 1973, and the Probation of Offenders Act, 1958, not to apply.	521
292B	Return of income, etc., not to be invalid on certain grounds.	522
292BB	Notice deemed to be valid in certain circumstances.	523
292C	Presumption as to assets, books of account, etc.	524
292CC	Authorisation and assessment in case of search or requisition.	525
293	Bar of suits in civil courts.	526
293A	Power to make exemption, etc., in relation to participation in business of prospecting for, extraction, etc., of mineral oils.	527
293B	Power of Central Government or Board to condone delays in obtaining approval.	528
293C	Power to withdraw approval.	529
293D	Faceless approval or registration.	532
294	Act to have effect pending legislative provision for charge of tax.	530
294A	Power to make exemption in relation to certain Union territories.	531
NEW	N.A.	532
295	Power to make rules.	533
296	Rules and certain notifications to be placed before Parliament.	534
297	Repeal and Savings.	536
298	Power to remove difficulties.	535
The First Schedule	Insurance Business.	XIV
The Second Schedule	Procedure for recovery of Tax.	Removed and moved to Rules
The Third Schedule	Procedure for distraint by assessing officer or tax recovery officer.	Removed and moved to Rules
The Fourth Schedule	Part A- Recognised Provident Fund . Part B- Approved Superannuation Fund .Part C- Approved Gratuity Funds.	XI
The Fifth Schedule	List of Articles and Things.	Redundant
The Sixth Schedule	Omitted by Finance Act, 1972 w.e.f. 1-4-1973.	Omitted
The Seventh Schedule	Part A- Minerals Part B- Groups of Associated Minerals.	XII
The Eigth Schedule	List of Industrially Backward States and Union Territories.	Redundant
The Ninth Schedule	Omitted by The Taxation Laws (Amendment and Miscellaneous Provisions) Act, 1986 w.e.f. 1-4-1988.	Omitted
The Tenth Schedule	Omitted by The Finance Act, 1999 w.e.f. 1-4-2000.	Omitted
The Eleventh Schedule	List of Articles or Things.	XIII
The Twelfth Schedule	Processed Minerals and Ores.	Redundant
The Thirteenth Schedule	List of Articles or Things.	Redundant
The Fourteenth Schedule	List of Articles or Things or Operations.	Redundant