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— official CBDT correspondence
Schedule VI — INCOME NOT TO BE INCLUDED IN TOTAL INCOME OF CERTAIN ELIGIBLE PERSONS IN INTERNATIONAL FINANCIAL SERVICES CENTRE OR HAVING INCOME THEREFROM: its source in the Income-tax Act, 1961
Schedule VI (INCOME NOT TO BE INCLUDED IN TOTAL INCOME OF CERTAIN ELIGIBLE PERSONS IN INTERNATIONAL FINANCIAL SERVICES CENTRE OR HAVING INCOME THEREFROM) of the Income-tax Act, 2025 corresponds to Section 10 (Incomes not included in total income) of the Income-tax Act, 1961 as per the official CBDT correspondence.
source provisions · income-tax act, 1961
- Section 10 — Incomes not included in total income
clause-by-clause (official)
| ITA 2025 | provision | from ITA 1961 |
|---|---|---|
| Schedule VI(1) | Specified Fund: Any income accrued or arisen to, or received, as a result of transfer of capital asset referred to in section 70(1)(r) - where such transfer takes place on a recognised stock exchange located in any International Financial Services Centre | 10(4D) |
| Schedule VI(2) | Specified Fund: Any income accrued or arisen to, or received, as a result of transfer of securities (other than shares in a company resident in India) | 10(4D) |
| Schedule VI(3) | Specified Fund: Any income from securities issued by a non-resident where such securities are not issued by a permanent establishment of a non- resident in India | 10(4D) |
| Schedule VI(4) | IFSC: Any income from a securitisation trust, which is chargeable under the head “Profits and gains of business or profession” | 10(4D) |
| Schedule VI(5) | IFSC: Any income accrued or arisen to, or received as a result of— - (a) transfer of non-deliverable forward contracts or offshore derivative instruments or over-the-counter derivatives; or - (b) distribution of income on offshore derivative instruments or over-the-counter derivatives | 10(4E) |
| Schedule VI(6) | IFSC: Any income by way of royalty or interest on account of lease of an aircraft or a ship in a tax year | 10(4F) |
| Schedule VI(7) | IFSC : Any income received from–– - (a) portfolio of securities or financial products or funds, managed or administered by any portfolio manager on behalf of the non-resident; or - (b) such activity carried out by such person, as may be notified by the Central Government. | 10(4G) |
| Schedule VI(8) | IFSC: Any income by way of Capital gains arising from the transfer of equity shares of domestic company where such domestic company is a Unit of an International Financial Services Centre as referred to in section 147 | 10(4H) |
| Schedule VI(9) | Unit holder of Specific Fund: Any income accruing or arising to, or received from a specified fund or on transfer of units in a specified fund | 10(23FBC) |
| Schedule VI(10) | Specified Fund: Any income of the nature of Capital gains, arising or received on account of transfer of share of a company resident in India | 10(23FF) |
| Schedule VI(11) | IFSC: Any income by way of dividends from a company being a Unit of an International Financial Services Centre primarily engaged - in the business of leasing - of an aircraft or a ship | 10(34B) |
| Schedule VI(12) | IFSC: Any income by way of Interest payable | 10(15)(ix) |
read both texts · §10 (1961) vs §Schedule VI (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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