What this means
Section 58 of IT Act 1961 (amounts not deductible from other sources: personal expenses, wealth tax, interest/salary without TDS where applicable) maps to Section 58 of IT Act 2025. The disallowance list for other sources is unchanged. Verify on the income-tax portal before filing.
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 58 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 58 go in the Income Tax Act 2025?▾
Section 58 of the IT Act 1961 maps to 58 in the IT Act 2025, effective 1 April 2026. Section 58 of IT Act 1961 (amounts not deductible from other sources: personal expenses, wealth tax, interest/salary without TDS where applicable) maps to Section 58 of IT Act 2025. The disallowance list for other sources is unchanged. Verify on the income-tax portal before filing.
Does Section 58 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 58. 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 58 in the IT Act 2025?▾
The new corresponding provision is 58 under the Income Tax Act 2025. Change type: Content unchanged. This provision is carried forward into the IT Act 2025 without substantive changes. The section number may differ but the rules remain the same. Verify on the income-tax portal before filing.