What is the Income-tax Act, 2025 and when did it come into effect?

The Income-tax Act, 2025 replaced the Income Tax Act 1961 from April 1, 2026. It simplifies the entire direct tax framework, renumbers sections, removes redundancies, and modernizes taxation for India.

Is the Income Tax Act 1961 still valid after April 2026?

The Income Tax Act 1961 was repealed under Section 536 of the new Act from April 1, 2026. However, all assessments, appeals, and proceedings for periods before April 1, 2026 continue under the old ITA 1961 rules.

What is the new section number for Section 80C in Income Tax Act 2025?

Section 80C of the ITA 1961 maps to Section 123 of the Income-tax Act, 2025. Deductions for LIC premiums, PPF, ELSS, EPF, and home loan principal repayment continue under the new act.

What is the new section for TDS on professional fees (194J)?

Section 194J (TDS on professional and technical services) of the old Income Tax Act 1961 has been renumbered in the Income-tax Act, 2025. Use our free converter at ita1961to2025.in to find the exact new section number instantly.

How do I convert old income tax section numbers to new 2025 numbers?

Visit ita1961to2025.in and use the free section search tool. Type any old ITA 1961 section number (e.g., 80C, 194J, 139) and instantly see the new Income-tax Act, 2025 equivalent, its status, and key changes.

Is the ITA 1961 to 2025 mapping tool free for CAs and tax professionals?

Yes, completely free. The section mapper, comparison cheat sheet, PDF download, and Tax Academy blog are all free for Chartered Accountants, tax lawyers, law students, and taxpayers.

Which sections were completely deleted in the new Income Tax Act 2025?

Several redundant and overlapping sections from ITA 1961 were not carried into the Income-tax Act, 2025. Use our free converter — each section is marked as Retained, Modified, or Deleted so you can quickly check any section's status.

Can I download the ITA 1961 to Income-tax Act 2025 comparison as a PDF?

Yes! Visit the Comparison page at ita1961to2025.in/comparison to download a free cheat sheet PDF showing side-by-side mapping of key ITA 1961 sections to their Income-tax Act, 2025 equivalents.

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ITA 1961 → ITA 2025Schedules

Section Fourth Schedule (Part B & C) → Section Schedule XI (Part B)

Approved Superannuation and Gratuity Funds

RetainedMedium - Streamlines corporate retiral trust management.

Quick Answer

Section Fourth Schedule (Part B & C) of the Income Tax Act, 1961 (Approved Superannuation and Gratuity Funds) corresponds to Section Schedule XI (Part B) of the Income-tax Act, 2025, effective 1st April 2026. Status: Retained.

What changed for Section Fourth Schedule (Part B & C)

The starting point is Section Fourth Schedule (Part B & C) of the Income Tax Act, 1961 — approved superannuation and gratuity funds. Set out the rules for the approval of superannuation funds (Part B) and gratuity funds (Part C).

From 1st April 2026, the same subject sits at Section Schedule XI (Part B) of the Income-tax Act, 2025 — retained and renumbered as Section Schedule XI (Part B) of the Income-tax Act, 2025. Merged into a single Part B of Schedule XI to simplify the administrative approvals for corporate employee retirement funds.

For Section Fourth Schedule (Part B & C), the practical impact is rated Medium. Streamlines corporate retiral trust management.

Old Law (ITA 1961)Ch: Schedules

Sec Fourth Schedule (Part B & C)

Provision Summary

Set out the rules for the approval of superannuation funds (Part B) and gratuity funds (Part C).

New Law (ITA 2025)Ch: Schedules

Sec Schedule XI (Part B)

Provision Summary

Merged into a single Part B of Schedule XI to simplify the administrative approvals for corporate employee retirement funds.

Key Changes & Highlights

Digital compliance and reporting mandates added for fund managers.

Related Sections

Section 10

Frequently Asked Questions

What is Section Fourth Schedule (Part B & C) of the Income Tax Act, 1961 about?

Section Fourth Schedule (Part B & C) of the Income Tax Act, 1961 covers approved superannuation and gratuity funds. Set out the rules for the approval of superannuation funds (Part B) and gratuity funds (Part C).

Which section replaces Section Fourth Schedule (Part B & C) in the Income-tax Act, 2025?

Section Fourth Schedule (Part B & C) of the Income Tax Act, 1961 maps to Section Schedule XI (Part B) of the Income-tax Act, 2025, effective 1st April 2026 (status: Retained). Merged into a single Part B of Schedule XI to simplify the administrative approvals for corporate employee retirement funds.

What is the impact of the change to Section Fourth Schedule (Part B & C) under the new tax code?

The transition impact for Section Fourth Schedule (Part B & C) is rated Medium. Streamlines corporate retiral trust management.

What should I watch out for when Section Fourth Schedule (Part B & C) moves to the 2025 code?

Digital compliance and reporting mandates added for fund managers. These points are specific to Section Fourth Schedule (Part B & C) (Approved Superannuation and Gratuity Funds).

Disclaimer: This mapping of Section Fourth Schedule (Part B & C) (Approved Superannuation and Gratuity Funds) to Section Schedule XI (Part B) of the Income-tax Act, 2025 is for educational and reference purposes only, based on publicly available drafts and circulars. As Section Fourth Schedule (Part B & C) is currently marked Retained, always confirm its treatment with a qualified Chartered Accountant before filing or making compliance decisions.

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