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— official CBDT correspondence
Section 29 — Income from profits and gains of business or profession, how computed: where it sits in the Income-tax Act, 2025
As per the official CBDT correspondence, Section 29 (Income from profits and gains of business or profession, how computed) of the Income-tax Act, 1961 corresponds to Section 27 (Manner of computing profits and gains of business or profession) of the Income-tax Act, 2025.
corresponding provisions · income-tax act, 2025
- Section 27 — Manner of computing profits and gains of business or profession
read both texts · §29 (1961) vs §27 (2025)
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Source: the CBDT’s official 1961↔2025 correspondence table (incometaxindia.gov.in), captured 2026-07-21. This is a research aid — verify against the official CBDT utility ↗ before professional reliance.
frequently asked
Is Section 29 of the Income-tax Act, 1961 omitted in the Income-tax Act, 2025?
No — its subject matter continues in the Income-tax Act, 2025 as Section 27.
What does Section 29 of the Income-tax Act, 1961 deal with?
Section 29 — "Income from profits and gains of business or profession, how computed", under CHAPTER IV - COMPUTATION OF TOTAL INCOME of the Income-tax Act, 1961.
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same chapter · chapter iv - computation of total income · income-tax act, 1961
- Section 25A — Special provision for arrears of rent and unrealised rent received subsequently
- Section 26 — Property owned by co-owners
- Section 27 — “Owner of house property”, “annual charge”, etc., defined
- Section 28 — Profits and gains of business or profession
- Section 30 — Rent, rates, taxes, repairs and insurance for buildings
- Section 31 — Repairs and insurance of machinery, plant and furniture
- Section 32 — Depreciation
- Section 32A — Investment allowance
frequently looked up · income-tax act, 1961
§2 · §9 · §10 · §11 · §12A · §14 · §24 · §28 · §37 · §43B · §44AB · §44AD · §44ADA · §45 · §48 · §50C · §54 · §54EC · §54F · §56 · §68 · §69 · §80C · §80CCD · §80D · §80G · §80GGC · §87A · §111A · §112 · §112A · §115BAA · §115BAC · §139 · §140A · §142 · §143 · §144 · §147 · §148 · §148A · §154 · §156 · §194C · §194-I · §194J · §194N · §194Q · §195 · §201 · §234A · §234B · §234C · §244A · §245 · §263 · §264 · §270A · §271AAD · §276B · §281