Section mapper · Capital gains
Section 49 of the Income-tax Act, 1961 is now
section 73 of the Income-tax Act, 2025
Cost of an asset you inherited or received as a gift.
- Was
s.49, Income-tax Act, 1961 (repealed)- Is now
s.73(1), Table, Income-tax Act, 2025- In force from
What changed
Renumbered and turned into a table. Section 73(1) gives the deemed cost of acquisition for each mode in a two-column table — the previous owner’s cost for gifts, wills, partitions and successions, and the rest of the old list in the rows below.
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.
Sections people look up next
- s.48 → s.72 — How a capital gain is computed, and what you may deduct
- s.55 → s.90 — Cost of acquisition, and the fair market value option for an old asset
- s.47 → s.70 — Transfers that are not treated as transfers — gifts, inheritance, HUF partition