Section mapper · Capital gains
Section 48 of the Income-tax Act, 1961 is now
section 72 of the Income-tax Act, 2025
How a capital gain is computed, and what you may deduct.
- Was
s.48, Income-tax Act, 1961 (repealed)- Is now
s.72(1), Income-tax Act, 2025- In force from
What changed
Renumbered. Section 72(1) keeps the same subtraction from full value of consideration — expenditure wholly and exclusively in connection with the transfer, cost of acquisition and cost of improvement — and the indexation and foreign-currency rules follow in the same section.
Where this comes from
Read from incometaxindia.gov.in on , and re-checked against the enacted Income-tax Act, 2025 (Act No. 30 of 2025, assented 21 August 2025, in force 1 April 2026). This dataset is re-verified quarterly. The whole method is on our methodology page.
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