Section 72AB — Provisions relating to carry forward and set off of accumulated loss and unabsorbed depreciation allowance in business reorganisation of co-operative banks: where it sits in the Income-tax Act, 2025

As per the official CBDT correspondence, Section 72AB (Provisions relating to carry forward and set off of accumulated loss and unabsorbed depreciation allowance in business reorganisation of co-operative banks) of the Income-tax Act, 1961 corresponds to Section 118 (Carry forward and set off of losses and unabsorbed depreciation in business reorganisation of co-operative banks) of the Income-tax Act, 2025.

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.