Section mapper · Capital gains
Section 51 of the Income-tax Act, 1961 is now
section 81 of the Income-tax Act, 2025
Advance money you forfeited on a sale that fell through.
- Was
s.51, Income-tax Act, 1961 (repealed)- Is now
s.81, Income-tax Act, 2025- In force from
What changed
Renumbered. Section 81 keeps the rule for advance money received and retained on a negotiation that failed before 1 April 2014 — it reduces the cost of acquisition; sums forfeited after that date are taxed as other-sources income instead.
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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