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— official CBDT correspondence
Section 38 — Certain sums deemed as profits and gains of business or profession: its source in the Income-tax Act, 1961
Section 38 (Certain sums deemed as profits and gains of business or profession) of the Income-tax Act, 2025 corresponds to Section 41 (Profits chargeable to tax) of the Income-tax Act, 1961 as per the official CBDT correspondence.
source provisions · income-tax act, 1961
- Section 41 — Profits chargeable to tax
read both texts · §41 (1961) vs §38 (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.
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