The Income-tax Act, 2025 renumbers the Income-tax Act, 1961. A notice, ITR schedule, or withholding table that still says “section 194S” or “section 195” will not match a 2025-Act computation that uses table serials under section 393 / 393(2). Dual citation is how this site stays readable during the transition.
This page is the public table behind those dual citations. It is a working concordance for topics we file and defend — presumptive tax, capital-gains computation and exemptions, VDA, returns, assessment, TDS machinery, interest, fees, penalties, and prosecution references we already use. It is not a complete index of either Act, not CBDT-authenticated, and not advice for a year we have not seen.
How this page differs
- Only mappings the firm already uses in live copy (ITR, TDS, VDA, notices) — we do not invent 2025 numbers to look complete.
- Each row carries a practice note (forms, tables, what not to mix) rather than a bare number swap.
- Pairs with the public §195 characterisation chart and Form 15CA Part C vs D guide — not a second ITR landing.
Who this is for
- CFOs and accountants rewriting SOPs and tax-provision memos for FY 2026-27
- Assessees who received a notice citing 1961 sections and need the 2025 parallel used on their ITR
- Withholding teams mapping old 192 / 194 / 195 labels onto section 392–394 tables
- Advisors who want the same concordance PJRJ uses on this website
How we work
- 01
Identify the year of income
Income up to 31 March 2026 stays on 1961 citations. Income from 1 April 2026 uses 2025 citations. Do not mix years in one computation without saying so.
- 02
Match the topic, not a look-alike number
Section 194 in 1961 (dividends) is not section 194 in 2025 (VDA special rate in our map). Read the topic column first.
- 03
Confirm the enacted table serial
Resident TDS and VDA TDS live in tables under section 393. If the Finance notification moves a serial, the portal wins — this page will be updated from our working file, not guessed.
What you receive
- Topic-wise 1961 → 2025 map for provisions used on pjrj.in
- Practice notes on forms and table serials
- Links to the §195 chart and 15CA Part C vs D guide
- Partner review when your notice does not match either column
How to read this table
Left column is the practice topic. Middle columns are the Income-tax Act, 1961 citation we still use for the transition and the Income-tax Act, 2025 citation we use from 1 April 2026. Notes flag forms, table serials, and mix-ups we see in files (especially 194-series labels versus VDA section 194 in 2025).
Missing a section you care about (for example tax audit 44AB, or MAT 115JB) means we have not yet locked a 2025 number we are willing to publish. Ask on a scoping call — we will not invent a cell to make the table look official.
Working 1961 → 2025 concordance used on pjrj.in — confirm against the enacted Income-tax Act, 2025 and Rules, 2026.
| Topic | 1961 Act | 2025 Act | Practice note |
|---|---|---|---|
| Presumptive taxation (business / profession cluster) | 44AD / 44ADA / 44AE | 58 | Form choice (ITR-3 vs ITR-4) still follows books vs presumptive facts. |
| Other deductions from business income (incl. STT when business income) | 36 | 29 | Do not assume STT is always deductible — characterisation matters. |
| Mode of computation of capital gains | 48 | 72 | Cost, improvement, and transfer expenses still need working papers. |
| LTCG exemption — residential house | 54 | 82 | Reinvestment conditions are fact-specific; confirm current windows. |
| LTCG exemption — specified bonds | 54EC | 85 | Bond list and lock-in follow the notified instruments for the year. |
| LTCG exemption — other capital asset into a house | 54F | 86 | Multiple-house and net-consideration tests remain easy to get wrong. |
| Deductions from income from other sources | 57 | 93 | Interest, family pension, and similar heads — not a general expense dump. |
| Special rate on transfer of virtual digital assets | 115BBH | 194 (Table S. No. 4) | Schedule VDA; loss set-off is restricted. Not investment advice. |
| Return of income | 139 | 263 | Original / belated / revised clocks still apply — confirm live due dates. |
| Updated return | 139(8A) | 263(6) | Updated-return windows and additional tax are year-specific. |
| Assessment | 143 | 269 | Intimation vs scrutiny still turns on the notice actually issued. |
| Reassessment / income escaping assessment | 147 / 148 cluster | 279 | Limitation and information-based triggers — cite the notice, not a blog. |
| Amendment / rectification of assessment | 155 | 287 | Includes Form 71-type corrections where the 2025 rules still provide them. |
| TDS on salary | 192 | 392 | Form 24Q / Form 16 remain the employer pack. |
| TDS on resident payments (contractors, rent, professional fees, etc.) | 193–194O cluster | 393 | Specific table serials under Section 393(1) replace the old 194-series labels. |
| TDS on rent by Individual / HUF (no TAN route) | 194-IB | 393(1)(2)(i) | Form 26QC / Form 16C still used in the transition pack. |
| TDS on transfer of virtual digital assets | 194S | 393(1) [Table Sl. No. 8(vi)] | Payer withholding — not the same as the special-rate gain computation. |
| TDS on payments to non-residents (table) | 195 | 393(2) | Characterisation + DTAA article before the rate. See the public §195 chart. |
| Non-resident TDS (related 2025 provision) | 195 (related machinery) | 394 | Use with 393(2) — do not mix resident 393(1) table serials into NR payments. |
| Lower / nil deduction certificate | 197 | 395 | Form 128 under Rule 213. |
| Credit for tax deducted | 199 | 397 | AIS / Form 26AS matching still drives refunds and notices. |
| Higher TDS when PAN not furnished | 206AA | 397(2) | Treaty relief can still fail without tax-residency documents. |
| Consequences of failure to deduct or pay TDS | 201 | 398 | Assessee-in-default exposure sits on the payer. |
| Interest for TDS default | 201(1A) | 398(3) | Rate depends on whether tax was deducted but not deposited, or not deducted. |
| Liability for advance tax | 207 | 403 | Instalment calendar is notified each year — do not copy last year’s dates. |
| Interest for late return | 234A | 423 | Runs with 234B / 234C in most delayed-filing files. |
| Interest for default in advance tax | 234B | 424 | Compute after TDS/TCS credits, not on gross income. |
| Interest for deferment of advance tax | 234C | 425 | Instalment-wise — a March catch-up does not erase earlier deferment. |
| Fee for late TDS statement | 234E | 427 | Separate from tax-default interest. |
| Fee for late return of income | 234F | 428 | Amount follows the live slab for the year of filing. |
| Concessional domestic company rate (opt-in regime) | 115BAA | 200 | Option conditions and MAT interaction are year-specific. |
| Penalty for under-reporting / misreporting | 270A | 441 | Defence is the working paper trail, not a generic “bona fide” sentence. |
| Penalty for incorrect or late TDS statement | 271H | 445 | Often stacked with late-fee exposure. |
| Penalty for failure to deduct TDS | 271C | 448 | Payer-side; distinct from payee’s ITR. |
| Penalty for failure to furnish statements or certificates | 272A | 465 | Form 16 / 16A / statement defaults. |
| Prosecution — failure to deposit TDS | 276B | 476 | Compounding is fact-specific; we do not publish a “standard settlement”. |
| Prosecution — wilful attempt to evade tax | 276C | 478 | Criminal exposure is not a CA blog topic — coordinate with counsel. |
| Prosecution — false statement in verification | 277 | 480 | ITR verification and false particulars. |
| Statement of crypto-asset transactions (CASP / platform reporting) | 285BAA | 509 | Form 167 under Rule 243. |
What this page will not do
It will not compute your tax. It will not tell you whether 115BAA / section 200 still fits your company. It will not replace DTAA articles when the payee is a non-resident. For payments to non-residents, use the characterisation chart on /guides/section-195-tds-non-resident, then pick 15CA Part C or D.
- Not a CBDT or Department of Revenue publication.
- Not a complete concordance of every section in either Act.
- Rates, due dates, and table serials follow live notifications — we refuse to freeze them here.
Common questions
Direct answers for searchers and answer engines
No. It is PJRJ’s working concordance for sections we cite on pjrj.in. Confirm against the enacted Income-tax Act, 2025 and the Income-tax Rules, 2026.
Income up to 31 March 2026 is still the 1961 Act. Income from 1 April 2026 is the 2025 Act. Dual-cite during the overlap if a notice and an ITR disagree on labels.
Payments to non-residents sit in the table under section 393(2) in our working file, with related machinery under section 394. Characterise the payment before you pick a serial — see the public §195 chart.
Only when we use the 2025 number in live filings or opinions. A complete unofficial dump would be worse than a short honest table.