Income Tax Act 2025 vs 1961: Section-by-Section Comparison

Every section of the new Income Tax Act 2025, compared with its equivalent under the 1961 act. Plain English explanations of what changed and what it means for your practice.

Chapter II: BASIS OF CHARGE

Section 4: Charge of Income-taxReplaces: S.4simplified

Chapter IV: COMPUTATION OF TOTAL INCOME

Section 19: Deductions from salariesReplaces: S.10(10), S.10(10A), S.10(10AA), S.10(10B), S.10(10C), S.16consolidated
Section 22: Deductions from income from house propertyReplaces: S.24, S.25consolidated
Section 58: Special provision for computing profits and gains of business or profession on presumptive basis in case of certain residentsReplaces: S.44AD, S.44ADA, S.44AEconsolidated