⌖ Acts & Rules / §01
The statutes governing taxation of income and wealth — the working core of every assessment, appeal and TDS return we file. The 1961 Act remains the operative law; the 2025 Act, once notified, will replace it for assessment years on and from its appointed date.
04 acts
IT Act
⌖ Authority
CBDT
The charging statute for income tax in India — 23 chapters covering residence, heads of income, deductions, assessment, TDS, appeals and penalties. Read with the Income-tax Rules, 1962 and annual Finance Acts.
IT Act 2025
⌖ Authority
CBDT
The consolidating re-enactment that replaces the 1961 Act in a modernised structure. Effective from the date notified by the Central Government — until then, the 1961 Act governs.
⌖ Authority
CBDT
Abolished by the Finance Act, 2015 with effect from AY 2016-17. Retained here because legacy assessments, refunds and appeals continue to be argued under it.
⌖ Authority
CBDT
A one-time disclosure window under Chapter IX of the Finance Act, 2016 — declarations had to be filed between 01 Jun and 30 Sep 2016 with tax, surcharge and penalty aggregating 45%. Closed scheme; included for reference.
← Start of catalog
Next head →
§02 Indirect Tax (Pre-GST)
