Section mapper · Other income, gifts and clubbing
Section 56 of the Income-tax Act, 1961 is now
section 92 of the Income-tax Act, 2025
Income from other sources — interest, dividends and gifts.
- Was
s.56, Income-tax Act, 1961 (repealed)- Is now
s.92(1) and (2), Income-tax Act, 2025- In force from
What changed
Renumbered. Section 92(1) is the residual charge, and 92(2) carries the list that includes the gift rule most people are looking for: money or property received without consideration above the threshold is taxed here.
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.57 → s.93 — What you may deduct from other-sources income
- s.14 → s.13 — The five heads your income is split into
- s.51 → s.81 — Advance money you forfeited on a sale that fell through