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IT / TDS

Tax Guide

RENAMED

Section 44AE — Presumptive taxation for goods carriage operators

Key mapping

Section 44AE of IT Act 1961 (presumptive income for owners of goods carriages: ₹1,000 per ton per month for heavy vehicles / ₹7,500 per vehicle per month; up to 10 vehicles) maps to Section 60 of IT Act 2025. The per-vehicle income rates are retained. Verify on the income-tax portal before filing.

44AE→60 (IT Act 2025)

What this means

Section 44AE of IT Act 1961 (presumptive income for owners of goods carriages: ₹1,000 per ton per month for heavy vehicles / ₹7,500 per vehicle per month; up to 10 vehicles) maps to Section 60 of IT Act 2025. The per-vehicle income rates are retained. Verify on the income-tax portal before filing.

Change type — Section renumbered

The section number changed when the IT Act 1961 was reorganised into the IT Act 2025. The substance, rates, thresholds, and conditions are preserved. Any reference to the old section number in contracts, certificates, or returns before 1 April 2026 remains valid under the transitional provisions in §536.

Effective date

This change takes effect from 1 April 2026 (Tax Year 2026-27 onwards). For income earned before 1 April 2026, the old Section 44AE continues to apply under the transitional provisions of Section 536 of the IT Act 2025. Returns for FY 2025-26 (AY 2026-27) are filed under the IT Act 1961 — old section numbers apply.

Confidence: medium. This mapping is inferred from structural analysis — verify against the official IT Act 2025 text on incometaxindia.gov.in before relying on it.

Frequently asked questions

Where did Section 44AE go in the Income Tax Act 2025?▾
Section 44AE of the IT Act 1961 maps to 60 in the IT Act 2025, effective 1 April 2026. Section 44AE of IT Act 1961 (presumptive income for owners of goods carriages: ₹1,000 per ton per month for heavy vehicles / ₹7,500 per vehicle per month; up to 10 vehicles) maps to Section 60 of IT Act 2025. The per-vehicle income rates are retained. Verify on the income-tax portal before filing.
Does Section 44AE still apply for FY 2025-26 (AY 2026-27)?▾
Yes. For income earned in FY 2025-26 (April 2025 to March 2026), the IT Act 1961 continues to apply — including Section 44AE. The IT Act 2025 (and its new section numbering) applies from Tax Year 2026-27 (income earned on or after 1 April 2026). Verify on the income-tax portal before filing.
What is the new section number for 44AE in the IT Act 2025?▾
The new corresponding provision is 60 under the Income Tax Act 2025. Change type: Section renumbered. The section number changed when the IT Act 1961 was reorganised into the IT Act 2025. The substance, rates, thresholds, and conditions are preserved. Any reference to the old section number in contracts, certificates, or returns before 1 April 2026 remains valid under the transitional provisions in §536. Verify on the income-tax portal before filing.

Use this in practice

File My ITR →Tax Calculator →

Related sections

Section 44AD — Presumptive taxation for small businesses →Section 44ADA — Presumptive taxation for specified professionals →Section 60 — Transfer of income without transfer of asset →

All section references are sourced from the Income Tax Act 2025 (official gazette, incometaxindia.gov.in) and cross-referenced against CBDT's comparative statement. Always verify on the official portal before filing. This page is for reference only and does not constitute legal or tax advice.