Section 85 Income Tax Act 2025 Capital gains not to be charged on investment in certain bonds. 85.(1) Where an assessee has— (a) long-term capital gains arising from the transfer of land or building, or both, (original asset); and (b) within six months11 after the date of such transfer, invested whole or part of the capital… Read More »
Section 84 Income Tax Act 2025 Capital gains on compulsory acquisition of lands and buildings not to be charged in certain cases. 84. (1) Where an assessee has— (a) capital gains arising from the transfer by way of compulsory acquisition under any law, of a capital asset being land or building or any right in… Read More »
Section 82 Income Tax Act 2025 Profit on sale of property used for residence. 82.(1) Where an individual or Hindu undivided family— (a) has long-term capital gains arising from the transfer of a capital asset, being buildings or lands appurtenant thereto, and being a residential house, the income of which is chargeable under the head… Read More »
Section 83 Income Tax Act 2025 Capital gains on transfer of land used for agricultural purposes not to be charged in certain cases. 83. (1) Where an assessee, being an individual or a Hindu undivided family,— (a) has capital gains arising from the transfer of a capital asset, being land, which was used by the assessee… Read More »
Section 81 Income Tax Act 2025 Advance money received. 81. Where any capital asset was, on any previous occasion, the subject of negotiations for its transfer, any advance or other money received and retained by the assessee in respect of such negotiations— (a) shall be deducted from the cost for which the asset was acquired or… Read More »
Section 80 Income Tax Act 2025 Fair market value deemed to be full value of consideration in certain cases. 80. If the consideration received or accruing from the transfer of a capital asset is not ascertainable or cannot be determined, its fair market value on the date of transfer shall be deemed to be the… Read More »
Section 79 Income Tax Act 2025 Special provision for full value of consideration for transfer of share other than quoted share. 79. (1) If the consideration received or accruing from the transfer of a capital asset, being share of a company other than a quoted share, is less than the fair market value of such share… Read More »
Section 77 Income Tax Act 2025 Special provision for computation of capital gains in case of slump sale. 77. (1) Any profits or gains arising from the slump sale effected in the tax year shall be chargeable to income-tax as long-term capital gains and shall be deemed to be the income of the tax year in… Read More »
Section 78 Income Tax Act 2025 Special provision for full value of consideration in certain cases. 78. (1) If the consideration received or accruing from the transfer of a capital asset, being land or building or both, is less than the stamp duty value, then, for the purposes of section 72, the stamp duty value shall be deemed… Read More »
Section 76 Income Tax Act 2025 Special provision for computation of capital gains in case of Market Linked Debenture. 76. (1) Irrespective of anything contained in section 2(101) or section 72, the gains on the transfer or redemption or maturity, of a capital asset as mentioned in sub-section (2) shall be treated as short-term capital gains and shall be… Read More »