Section mapper · Losses, set-off and carry-forward
Section 71 of the Income-tax Act, 1961 is now
section 109 of the Income-tax Act, 2025
Setting a loss off against income under another head.
- Was
s.71, Income-tax Act, 1961 (repealed)- Is now
s.109(1) and (2), Income-tax Act, 2025- In force from
What changed
Renumbered. Section 109(1) keeps the inter-head set-off, and 109(2) keeps the two bars that catch salaried readers: a capital loss cannot be set off against any other head, and the house property set-off against other heads stays capped.
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.70 → s.108 — Setting a loss off against income under the same head
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