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The Income Tax Act 1961 was repealed under Section 536 of the new Act from April 1, 2026.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 2025Penalties

Section 271J → Section 358

Penalty on professionals for furnishing incorrect information

RetainedHigh - Affects the professional liability of CAs and Tax Practitioners.

Quick Answer

Section 271J of the Income Tax Act, 1961 (Penalty on professionals for furnishing incorrect information) corresponds to Section 358 of the Income-tax Act, 2025, effective 1st April 2026. Status: Retained.

What changed for Section 271J

The starting point is Section 271J of the Income Tax Act, 1961 — penalty on professionals for furnishing incorrect information. Penalty of Rs. 10,000 for each incorrect certificate/report issued by a CA or Valuer.

Under the Income-tax Act, 2025 (effective 1st April 2026), Section 271J is retained and renumbered as Section 358 of the Income-tax Act, 2025. Retained. Ensures the accountability of the professional certifying the data.

The transition impact on Section 271J is assessed as High. Affects the professional liability of CAs and Tax Practitioners.

Old Law (ITA 1961)Ch: XXI

Sec 271J

Provision Summary

Penalty of Rs. 10,000 for each incorrect certificate/report issued by a CA or Valuer.

New Law (ITA 2025)Ch: XXIV

Sec 358

Provision Summary

Retained. Ensures the accountability of the professional certifying the data.

Key Changes & Highlights

Can lead to blacklisting of the professional from departmental practice.

Frequently Asked Questions

Which subject does Section 271J of the 1961 Act cover?

Section 271J of the Income Tax Act, 1961 covers penalty on professionals for furnishing incorrect information. Penalty of Rs. 10,000 for each incorrect certificate/report issued by a CA or Valuer.

What is the new section number for Section 271J under the Income-tax Act, 2025?

Section 271J of the Income Tax Act, 1961 maps to Section 358 of the Income-tax Act, 2025, effective 1st April 2026 (status: Retained). Retained. Ensures the accountability of the professional certifying the data.

How does the Income-tax Act, 2025 affect Section 271J in practice?

The transition impact for Section 271J is rated High. Affects the professional liability of CAs and Tax Practitioners.

What is new about Section 271J under the Income-tax Act, 2025?

Can lead to blacklisting of the professional from departmental practice. These points are specific to Section 271J (Penalty on professionals for furnishing incorrect information).

Disclaimer: This mapping of Section 271J (Penalty on professionals for furnishing incorrect information) to Section 358 of the Income-tax Act, 2025 is for educational and reference purposes only, based on publicly available drafts and circulars. As Section 271J is currently marked Retained, always confirm its treatment with a qualified Chartered Accountant before filing or making compliance decisions.

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