Section mapper · Losses, set-off and carry-forward
Section 74 of the Income-tax Act, 1961 is now
section 111 of the Income-tax Act, 2025
Carrying a capital loss forward.
- Was
s.74, Income-tax Act, 1961 (repealed)- Is now
s.111(1), Income-tax Act, 2025- In force from
What changed
Renumbered. Section 111(1) keeps the eight-year carry-forward for a loss under the head capital gains, with the long-term loss still set off only against long-term gains.
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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