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The Income Tax Act 1961 was repealed under Section 536 of the new Act from April 1, 2026.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.

Back to Search

ITA 1961 → ITA 2025Special Tax Rates

Section 115JC → Section 131

Special provisions for payment of tax by certain persons other than a company (Alternate Minimum Tax - AMT)

RetainedMedium - Primarily impacts LLPs claiming 10AA or 35AD deductions.

Quick Answer

Section 115JC of the Income Tax Act, 1961 (Special provisions for payment of tax by certain persons other than a company (Alternate Minimum Tax - AMT)) corresponds to Section 131 of the Income-tax Act, 2025, effective 1st April 2026. Status: Retained.

What changed for Section 115JC

The starting point is Section 115JC of the Income Tax Act, 1961 — special provisions for payment of tax by certain persons other than a company (alternate minimum tax - AMT). Similar to MAT, but for non-corporate taxpayers (LLPs, Firms, Individuals) claiming specific profit-linked deductions. Rate is generally 18.5% (15% for co-operatives).

Under the Income-tax Act, 2025 (effective 1st April 2026), Section 115JC is retained and renumbered as Section 131 of the Income-tax Act, 2025. Retained. However, individuals opting for the new simplified tax regime (Section 115BAC) are completely exempt from AMT provisions.

The transition impact on Section 115JC is assessed as Medium. Primarily impacts LLPs claiming 10AA or 35AD deductions.

Old Law (ITA 1961)Ch: XII-BA

Sec 115JC

Provision Summary

Similar to MAT, but for non-corporate taxpayers (LLPs, Firms, Individuals) claiming specific profit-linked deductions. Rate is generally 18.5% (15% for co-operatives).

New Law (ITA 2025)Ch: XI

Sec 131

Provision Summary

Retained. However, individuals opting for the new simplified tax regime (Section 115BAC) are completely exempt from AMT provisions.

Key Changes & Highlights

Co-operative society AMT rate permanently reduced and aligned with corporate MAT at 15%.

Related Sections

Section 115JD

Frequently Asked Questions

Which subject does Section 115JC of the 1961 Act cover?

Section 115JC of the Income Tax Act, 1961 covers special provisions for payment of tax by certain persons other than a company (alternate minimum tax - AMT). Similar to MAT, but for non-corporate taxpayers (LLPs, Firms, Individuals) claiming specific profit-linked deductions. Rate is generally 18.5% (15% for co-operatives).

What is the new section number for Section 115JC under the Income-tax Act, 2025?

Section 115JC of the Income Tax Act, 1961 maps to Section 131 of the Income-tax Act, 2025, effective 1st April 2026 (status: Retained). Retained. However, individuals opting for the new simplified tax regime (Section 115BAC) are completely exempt from AMT provisions.

How does the Income-tax Act, 2025 affect Section 115JC in practice?

The transition impact for Section 115JC is rated Medium. Primarily impacts LLPs claiming 10AA or 35AD deductions.

What is new about Section 115JC under the Income-tax Act, 2025?

Co-operative society AMT rate permanently reduced and aligned with corporate MAT at 15%. These points are specific to Section 115JC (Special provisions for payment of tax by certain persons other than a company (Alternate Minimum Tax - AMT)).

Disclaimer: This mapping of Section 115JC (Special provisions for payment of tax by certain persons other than a company (Alternate Minimum Tax - AMT)) to Section 131 of the Income-tax Act, 2025 is for educational and reference purposes only, based on publicly available drafts and circulars. As Section 115JC is currently marked Retained, always confirm its treatment with a qualified Chartered Accountant before filing or making compliance decisions.

Need professional help on Section 115JC?

Compare trusted providers — both offer CA services ready for the Income-tax Act, 2025.

*Affiliate links — we may earn a small commission at no extra cost to you. Disclosure.

Want to calculate tax on this section?

40+ free, browser-only tax tools at TaxNexus Pro →

Explore Tools