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Case law1961 to 2025 › ss.10
Concordance208 rows

Sections 10 of the 1961 Act — The exemptions in section 10

Section 10 of the 1961 Act ran to well over a hundred clauses. Almost none of them survive as a section: the 2025 Act moves the substance into Schedules.

Whose mapping this is. The correspondences below are the Income Tax Department’s own, published through its comparison utility for the 1961 and 2025 Acts. They are a government work and we reproduce them as they stand, without editing. What we add is the arrangement, the links through to the chapter each 2025 provision sits in, and — on sixteen rows — our own account of what actually changed in the move. Those sixteen were worked out here by reading both provisions side by side before we found the department’s table, and every one of them agrees with it.
Income-tax Act, 1961Income-tax Act, 2025
10 - Incomes not included in total income11 — Incomes not included in total income
10(1) - Agricultural incomeSchedule II(1) - Agricultural income
10(2) - Amount received by mem-Schedule III(1) - Any sum received by a member from Hindu undivided family
10(2A) - Partner’s share in profit of firmSchedule III(2) - Any sum received by a partner towards his share in the total income of the firm
10(3) - —The department’s table records no counterpart.
10(4) - Income by way of interest, premium on redemption or other payment on such securities, bonds, annuity certificates, savings certificates, other certificates issued by the Central Government and depositsThe department’s table records no counterpart.
10(4) - Income by way of interest, premium on redemption or other payment on such securities, bonds, annuity certificates, savings certificates, other certificates issued by the Central Government and depositsSchedule IV(1) - Any income by way of interest
10(4B) - —The department’s table records no counterpart.
10(4C) - Interest on Rupee Denominated BondsThe department’s table records no counterpart.
10(4D) - Certain Income arising to Category-III Alternative Investment Fund (AIF) located in International Financial Services Centre (IFSC)Schedule VI(1) - Specified Fund: Any income accrued or arisen to, or received, as a result of transfer of capital asset referred to in section 70(1)(r) - where such transfer takes place on a recognised stock exchange located in any International Financial Services Centre
10(4D) - Certain Income arising to Category-III Alternative Investment Fund (AIF) located in International Financial Services Centre (IFSC)Schedule VI(2) - Specified Fund: Any income accrued or arisen to, or received, as a result of transfer of securities (other than shares in a company resident in India)
10(4D) - Certain Income arising to Category-III Alternative Investment Fund (AIF) located in International Financial Services Centre (IFSC)Schedule VI(3) - Specified Fund: Any income from securities issued by a non-resident where such securities are not issued by a permanent establishment of a non- resident in India
10(4D) - Certain Income arising to Category-III Alternative Investment Fund (AIF) located in International Financial Services Centre (IFSC)Schedule VI(4) - IFSC: Any income from a securitisation trust, which is chargeable under the head “Profits and gains of business or profession”
10(4E) - Income from transfer of non-deliverable forward contracts or offshore derivative instruments or over-the-counter derivativesSchedule VI(5) - IFSC: Any income accrued or arisen to, or received as a result of— - (a) transfer of non-deliverable forward contracts or offshore derivative instruments or over-the-counter derivatives; or - (b) distribution of income on offshore derivative instruments or over-the-counter derivatives
10(4F) - Royalty or interest income received by a non-resident from lease of aircraft or a shipSchedule VI(6) - IFSC: Any income by way of royalty or interest on account of lease of an aircraft or a ship in a tax year
10(4G) - Income of a non-resident arising from portfolio of securities or financial products or funds, managed through IFSC or from specified activity carried out by the specified personSchedule VI(7) - IFSC : Any income received from–– - (a) portfolio of securities or financial products or funds, managed or administered by any portfolio manager on behalf of the non-resident; or - (b) such activity carried out by such person, as may be notified by the Central Government.
10(4H) - Any income earned by a non-resident or unit of an IFSC on transfer of shares of domestic company engaged in aircraft leasing business in IFSCSchedule VI(8) - IFSC: Any income by way of Capital gains arising from the transfer of equity shares of domestic company where such domestic company is a Unit of an International Financial Services Centre as referred to in section 147
10(5) - Leave Travel ConcessionSchedule III(8) - The value of any travel concession or assistance
10(5A) - —The department’s table records no counterpart.
10(5B) - —The department’s table records no counterpart.
10(6)(i) - —The department’s table records no counterpart.
10(6)(ii) - Any remuneration received for service in the capacity as an official mentioned in column C, not being a citizen of IndiaSchedule IV(2) - Any remuneration received for service in the capacity as an official diplomats, not being a citizen of India
10(6)(iii) to (v) - —The department’s table records no counterpart.
10(6)(vi) - Any remuneration received as an employee for services rendered by him during his stay in IndiaSchedule IV(3) - Employee of foreign enterprise: Any remuneration received as an employee for services rendered by him during his stay in India
10(6)(via) - —The department’s table records no counterpart.
10(6)(vii) - —The department’s table records no counterpart.
10(6)(viia) - —The department’s table records no counterpart.
10(6)(viii) - Any income chargeable under the head “Salaries”, received or due as remuneration for services rendered in connection with his employment on a foreign shipSchedule IV(4) - Any income chargeable under the head “Salaries”, received or due as remuneration for services rendered in connection with his employment on a foreign ship
10(6)(ix) & (x) - —The department’s table records no counterpart.
10(6)(xi) - Any remuneration received as an employee of the Government of a foreign StateSchedule IV(5) - Any remuneration received as an employee of the Government of a foreign State
10(6A) - Tax paid on behalf of foreign company on the royalty and fees for technical servicesSchedule IV(14) - Any income falling under section 10(6A), (6B), (6BB), (15A), (15)(iiia), (iiib), (iiic), (iv)(a), (b) or (fa) of the Income-tax Act, 1961 (43 of 1961) subject to the conditions as specified therein.
10(6B) - Tax paid on behalf of foreign company or non-resident on other incomeSchedule IV(14) - Any income falling under section 10(6A), (6B), (6BB), (15A), (15)(iiia), (iiib), (iiic), (iv)(a), (b) or (fa) of the Income-tax Act, 1961 (43 of 1961) subject to the conditions as specified therein.
10(6BB) - Tax paid on behalf of foreign Government or foreign enterprise deriving income by way of lease of aircraft or aircraft engineSchedule IV(14) - Any income falling under section 10(6A), (6B), (6BB), (15A), (15)(iiia), (iiib), (iiic), (iv)(a), (b) or (fa) of the Income-tax Act, 1961 (43 of 1961) subject to the conditions as specified therein.
10(6C) - Technical fees received by a notified foreign companySchedule IV(6) - Any income arising by way of royalty or fees for technical services
10(6D) - Royalty/Fees received by non-resident from National Technical Research OrganisationSchedule IV(7) - Any income arising by way of royalty from, or fees for technical services rendered in or outside India (NTO)
10(7) - Remuneration by Indian Govt. to overseas employeesSchedule III(9) - Any allowances or perquisites paid or allowed as such outside India by the Government
10(8) - Income of foreign government employee under co-operative technical assistance programmeThe department’s table records no counterpart.
10(8A) - Certain incomes of non-The department’s table records no counterpart.
10(8B) - Certain income of employees of non-resident consultants engaged by International organizations for Rendering Technical Services in IndiaThe department’s table records no counterpart.
10(9) - Certain incomes of family members of individuals consultants u/s 10(8) or 10(8A) or 10(8B)The department’s table records no counterpart.
10(10) - Gratuity19 — Deductions from salaries
10(10) - GratuitySchedule III(38) - Gratuity on death of employee
10(10A) - Pension19 — Deductions from salaries
10(10AA) - Leave Salary19 — Deductions from salaries
10(10B) - Retrenchment Compensation19 — Deductions from salaries
10(10BB) - Compensation for Bhopal Gas Leak DisasterThe department’s table records no counterpart.
10(10BC) - Compensation on account of any disasterSchedule III(3) - Any amount received or receivable from the Central Government or a State Government or a local authority by way of compensation on account of any disaster
10(10C) - Voluntary Retirement Compensation19 — Deductions from salaries
10(10CC) - Tax on non-monetary perquisites paid by the employerSchedule III(10) - Income in the nature of a perquisite
10(10D) - Any sum received under a life insurance policySchedule II(2) - Any sum received under a life insurance policy, including the sum allocated by way of bonus on such policy
10(11) - Exemption in respect of payment from provident fundsSchedule II(3) - Any payment from a provident fund to which the Provident Funds Act, 1925 (19 of 1925) applies, or from any other provident fund set up by the Central Government and notified by it in this behalf
10(11A) - Exemption in respect of payment from Sukanya Samriddhi SchemeSchedule II(5) - Any payment from any account opened as per the Sukanya Samriddhi Account Scheme, 2019 made under the Government Savings Promotion Act, 1873 (5 of 1873)
10(12) - Amount received from recognized Provident FundSchedule II(4) - The accumulated balance due and becoming payable to an employee participating in a recognised provident fund to the extent provided in paragraph 8 of Part A of the Schedule XI
10(12A) - Amount paid by NPS trust to an assesseeSchedule II(6) - Any payment from the National Pension System Trust
10(12AA) - Amount paid by NPS trust to a subscriber of Unified Pension Scheme (UPS)Schedule II(15) - Any payment from the National Pension System Trust received by an assessee, who is a subscriber to the Unified Pension Scheme;
10(12AB) - Lump sum amount received by a subscriber of Unified Pension Scheme (UPS)Schedule II(16) - Any sum received as “lump sum amount” from the National Pension System Trust by an assessee being a subscriber to the Unified Pension Scheme.
10(12B) - Partial amount paid by NPS trust to an employeeSchedule III(4) - Any payment from the National Pension System Trust under the pension scheme referred to in section 124
10(12BA) - Partial amount paid by NPS trust to the parent or guardian of a minorSchedule III(4) - Any payment from the National Pension System Trust under the pension scheme referred to in Section 124
10(12C) - Amount received from Agniveer Corpus FundSchedule II(7) - Any payment from the Agniveer Corpus Fund to a person enrolled under the Agnipath Scheme or to his nominee
10(13) - Payment from approved superannuation fundSchedule II(8) - Any payment from an approved superannuation fund
10(13A) - House Rent AllowanceSchedule III(11) - Any special allowance from employer
10(14)(i) - Prescribed special allowances or benefits depending on actual expenditureSchedule III(12) - Any special allowance or benefit to the extent to which such expenses are actually incurred for that purpose
10(14)(ii) - Prescribed special allowances not depending on actual expenditureSchedule III(13) - Any allowance to employee
10(14A) - —The department’s table records no counterpart.
10(15)(i) - Exemption in respect of specified interest incomeSchedule II(11) - Income by way of interest, premium on redemption or other payment on such securities, bonds, annuity certificates, savings certificates, other certificates issued by the Central Government and deposits
10(15)(iib) - Exemption in respect of specified interest incomeThe department’s table records no counterpart.
10(15)(iic) & (iv)(i) - Exemption in respect of specified interest incomeSchedule III(39) - Any income falling under section 10(15)(iic) or (15)(iv)(i) or (19A) or (40) of the Income-tax Act, 1961(43 of 1961), shall be subject to the conditions as provided therein
10(15)(iid) - Exemption in respect of specified interest incomeThe department’s table records no counterpart.
10(15)(iii), (iv)(c) to (iv)(f), (iv)(g) & (iv)(h) - Exemption in respect of specified interest incomeSchedule II(17) - Any income covered under Section 10(15)(iii), (iv)(c), (d), (e), (f), (g) or (h) or 10(36) of the Income-tax Act, 1961 (43 of 1961), subject to the conditions as provided therein
10(15)(iiia) to (iv)(b), (iv)(fa) - Exemption in respect of specified interest incomeSchedule IV(14) - Any income falling under Section 10(6A), (6B), (6BB), (15A), (15)(iiia), (iiib), (iiic), (iv)(a), (b) or (fa) of the Income-tax Act, 1961 (43 of 1961) subject to the conditions as specified therein.
10(15)(v) - Exemption in respect of specified interest incomeThe department’s table records no counterpart.
10(15)(vi) - Exemption in respect of specified interest incomeSchedule II(12) - Interest on Gold Deposit Bonds issued under the Gold Deposit Scheme, 1999 or deposit certificates issued under the Gold Monetisation Scheme, 2015 notified by the Central Government.
10(15)(vii) - Interest on bonds issued by a local authority or by a State Pooled Finance EntitySchedule II(13) - Interest on bonds issued by a local authority or by a State Pooled Finance Entity
10(15)(viii) - Interest received by non-resident on deposit made in offshore Banking UnitSchedule IV(8) - Interest received by non-resident on deposit made in offshore Banking Unit
10(15)(ix) - Interest payable by unit in an IFSCSchedule VI(12) - IFSC: Any income by way of Interest payable
10(15A) - Lease rent of an aircraftSchedule IV(14) - Any income falling under Section 10(6A), (6B), (6BB), (15A), (15)(iiia), (iiib), (iiic), (iv)(a), (b) or (fa) of the Income-tax Act, 1961 (43 of 1961) subject to the conditions as specified therein.
10(15B) - Lease rent of a cruise ship operating in IndiaSchedule IV(9) - Income from lease rentals, by whatever name called, of a cruise ship
10(16) - Educational scholarshipSchedule II(9) - Scholarships
10(17)(i) - Daily allowance to a Member of Parliament or State LegislatureSchedule III(5) - Daily allowance received by MPs/MLAs
10(17)(ii) - Any other allowance to a Member of ParliamentSchedule III(6) - Any constituency allowance received by MPs
10(17)(iii) - Constituency allowance to a Member of State LegislatureSchedule III(7) - Any constituency allowance received MLAs
10(17A) - Awards and RewardsSchedule II(10) - Any payment made, whether in cash or in kind for any award or reward
10(18)(i) - Pension to gallantry award winnerSchedule III(14) - Pension received by gallantry award winner
10(18)(ii) - Family pension to any family member of a gallantry award winnerSchedule III(15) - Pension received by family of gallantry award winner
10(18A) - —The department’s table records no counterpart.
10(19) - Pension to widow of mem-Schedule III(16) - Family pension received by widow of member of armed forces
10(19A) - Annual value of one palaceSchedule III(39) - Any income falling under section 10(15)(iic) or 10(15)(iv)(i) or (19A) or (40) of the Income-tax Act, 1961 (43 of 1961), shall be subject to the conditions as provided therein
10(20) - Income of local authoritySchedule III(22) - Local Authority: The income which is chargeable under the head “Income from house property”, “Capital gains” or “Income from other sources” or from a trade or business
10(20A) - —The department’s table records no counterpart.
10(21) - Income of research associationSchedule III(23) - Any income of a research association
10(22) - —The department’s table records no counterpart.
10(22A) - —The department’s table records no counterpart.
10(22B) - Income of a news agencyThe department’s table records no counterpart.
10(23) - —The department’s table records no counterpart.
10(23A) - Income of a professional associationSchedule III(24) - Professional Association: Any income (other than income chargeable under the head “Income from house property” or any income received for rendering any specific services or income by way of interest or dividends derived from its investments)
10(23AA) - Income received on behalf of Regimental FundSchedule VII(1) - Any regimental Fund or non-public Fund established by the armed forces of the Union
10(23AAA) - Income of a fund esta-Schedule VII(2) - Any fund established for such purposes as may be notified by the Board for the welfare of employees or their dependants and such employees are members of such fund
10(23AAB) - Income of pension fundSchedule VII(3) - Any fund, by whatever name called, set up by the Life Insurance Corporation of India on or after the 1st August, 1996 or any other insurer under a pension scheme
10(23B) - Income of Khadi or village Industries InstitutionSchedule III(25) - Any income attributable to the business of production, sale, or marketing, of - khadi or products of - village industries
10(23BB) - Income of authority established for Development of Khadi or Village Industries in the StateSchedule VII(4) - An authority (whether known as the Khadi and Village Industries Board or by any other name)
10(23BBA) - Incomes of statutory bodies for the administration of public charitable trustSchedule VII(5) - Any body or authority (whether or not a body corporate or corporation sole) established, constituted or appointed by or under any Central Act or State Act or Provincial Act for administration of public charitable trust
10(23BBB) - Income of European Economic CommunitySchedule IV(10) - Income of European economic community
10(23BBC) - Income of SAARC fundSchedule VII(6) - SAARC Fund for Regional Projects set up by Colombo Declaration issued on the 21st December, 1991 by the Heads of State or Government of the Member Countries of South Asian Association for Regional - Cooperation established on the 8th day of December, 1985 by the Charter of the South Asian Association for Regional Cooperation
10(23BBD) - Asian OrganisationThe department’s table records no counterpart.
10(23BBE) - Income of IRDAISchedule VII(7) - Insurance Regulatory and Development Authority established under section 3(1) of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999)
10(23BBF) - —The department’s table records no counterpart.
10(23BBG) - Income of Central Elec-Schedule VII(8) - Central Electricity Regulatory Commission constituted under section 76(1) of the Electricity Act, 2003 (36 of 2003)
10(23BBH) - Income of the Prasar Bha-Schedule VII(9) - Prasar Bharati (Broadcasting Corporation of India) established section 3(1) of the Prasar Bharati (Broadcasting Corporation of India) Act, 1990 (25 of 1990)
10(23C)(i) - PM National Relief Fund and PM CARES FundSchedule VII(10) - Prime Minister’s National Relief Fund or the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES FUND)
10(23C)(ii) - PM Fund for promotion of Folk ArtSchedule VII(11) - Prime Minister’s Fund (Promotion of Folk Art)
10(23C)(iii) - PM Aid to Students FundSchedule VII(12) - Prime Minister’s Aid to Students Fund
10(23C)(iiia) - National Foundation for Communal HarmonySchedule VII(13) - National Foundation for Communal Harmony
10(23C)(iiiaa) - Swachh Bharat KoshSchedule VII(14) - Swachh Bharat Kosh, set up by the Central Government
10(23C)(iiiaaa) - Clean Ganga FundSchedule VII(15) - Clean Ganga Fund set up by the Central Government
10(23C)(iiiaaaa) - CM Relief Fund or Lieutenant Governor Relief FundSchedule VII(16) - Chief Minister’s Relief Fund or the Lieutenant Governor’s Relief Fund in respect of any State or Union territory as referred to in section 133(1)(a)(xv)
10(23C)(iiiab) - University or educational institution wholly or substantially financed by the governmentSchedule VII(17) - Any University or other educational institution wholly or substantially financed by the Government
10(23C)(iiiac) - Hospital or other institution wholly or substantially financed by the GovernmentSchedule VII(18) - Any hospital or other institution wholly or substantially financed by the Government
10(23C)(iiiad) - University or educational institution whose annual receipts do not exceed Rs. 5 croreSchedule VII(19) - (a) Any University or other educational institution; - (b) Any hospital or other institution
10(23C)(iiiae) - Hospital or other specified institution whose annual receipts do not exceed Rs. 5 croreSchedule VII(19) - (a) Any University or other educational institution; - (b) Any hospital or other institution
10(23C)(iv) to (via) - Income of any other fund, institution, trust, university, hospital, etc.The department’s table records no counterpart.
10(23D)(i) - A Mutual Fund registered under the Securities and Exchange Board of India Act, 1992 (15 of 1992) or regulations made thereunderSchedule VII(20) - A Mutual Fund registered under the Securities and Exchange Board of India Act, 1992 (15 of 1992) or regulations made thereunder
10(23D)(ii) - Any Mutual Fund set up by a public sector bank or a public financial institution or authorised by the Reserve Bank of IndiaSchedule VII(21) - Any Mutual Fund set up by a public sector bank or a public financial institution or authorised by the Reserve Bank of India
10(23DA) - Income of a securitisation trustSchedule III(26) - Any income from the activity of securitisation
10(23E) - —The department’s table records no counterpart.
10(23EA) - Certain incomes of notified Investor Protection Funds set up by recognised stock exchanges in IndiaSchedule III(27) - Any income, by way of contributions received from recognised stock exchanges and the members thereof : Investor Protection Fund
10(23EB) - —The department’s table records no counterpart.
10(23EC) - Certain incomes of notified Investor Protection Funds set up by commodity exchanges in IndiaSchedule III(28) - Any income, by way of contributions received from commodity exchanges and the members thereof : - Investor Protection Fund
10(23ED) - Certain incomes of notified Investor Protection Funds set up by a depositorySchedule III(29) - Any income, by way of contributions received from a depository : Investor Protection Fund Core Settlement Guarantee Fund
10(23EE) - Income of Core Settlement Guarantee FundSchedule III(30) - (a) Any income by way of contribution received from specified persons; - (b) Any income by way of penalties imposed by the recognised clearing corporation and credited to the Core Settlement Guarantee Fund; or - (c) Any income from investment made by the Fund
10(23F) - Venture Capital FundSchedule V(8) - Any income falling under section 10(23F) and (23FA) of the Income-tax Act, 1961 (43 of 1961), subject to the conditions as specified therein
10(23FA) - Venture Capital CompanySchedule V(8) - Any income falling under section 10(23F) and (23FA) of the Income-tax Act, 1961 (43 of 1961), subject to the conditions as specified therein
10(23FB) - Income of a venture capital fund or a venture capital company from investment in a venture capital undertakingSchedule V(6) - Any income from investment in a venture capital undertaking
10(23FBA) - Income of an investment fundSchedule V(1) - Investment Funds: Any income other than the income chargeable under the head “Profits and gains of business or profession”
10(23FBB) - Income of unit holder of investment fundSchedule V(2) - Any income referred to in section 224, accruing or arising to, or received being that proportion of income which is of the same nature as income chargeable under the head “Profits and gains of business or profession”: Unit holder of investment fund
10(23FBC) - Income received by a unitholder of Category III AIFSchedule VI(9) - Unit holder of Specific Fund: Any income accruing or arising to, or received from a specified fund or on transfer of units in a specified fund
10(23FC) - Income of a Business TrustSchedule V(3) - Any income by way of— - (a) interest received or receivable from a special purpose vehicle; or - (b) dividend received or receivable from a special purpose vehicle: Business Trust
10(23FCA) - Certain income of a business trust being a real estate investment trustSchedule V(4) - Any income by way of renting or leasing or letting out any real estate asset owned directly by such: Business Trust/Real Estate Investment trust
10(23FD) - Distributed Income of a Unit Holder from the Business TrustSchedule V(5) - Any distributed income referred to in section 223: - Unit holder of Business Trust
10(23FE) - Certain income of wholly owned subsidiary of Abu Dhabi Investment authority or Sovereign wealth fund or pension fundSchedule V(7) - Any income of the nature of–– - (a) dividend; - (b) interest; - (c) any sum referred to in section 92(2)(k); or - (d) long-term capital gains - (whether or not such capital gains are deemed as short-term capital gains under section 76), arising from an investment made by a specified person in India, whether in the form of debt or share capital or unit : Abu Dhabi Investment authority/sovereign wealth or Pension Fund
10(23FF) - Capital gains from transfer of shares of a company resident in India on account of relocation of offshore fundsSchedule VI(10) - Specified Fund: Any income of the nature of Capital gains, arising or received on account of transfer of share of a company resident in India
10(23G) - —The department’s table records no counterpart.
10(24) - Income of a registered trade unionSchedule III(31) - Any income chargeable under the heads “Income from house property” and “Income from other sources” : Trade Union
10(25)(i) - Income of employee welfare fundsSchedule III(32) - Any interest on securities, and any capital gains of the fund arising from the sale, exchange or transfer of such securities: Provident Funds
10(25)(ii) - Income of employee wel-Schedule VII(22) - A recognised provident fund
10(25)(iii) - Income of employee wel-Schedule VII(23) - An approved superannuation fund
10(25)(iv) - Income of employee wel-Schedule VII(24) - An approved gratuity fund
10(25)(v)(a) - Income of employee wel-Schedule VII(25) - Deposit-linked Insurance Fund established under Section 3G of the Coal Mines Provident Funds and Miscellaneous Provisions Act, 1948 (46 of 1948)
10(25)(v)(b) - Income of employee wel-Schedule VII(26) - Deposit-linked Insurance Fund established under Section 6C of Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952)
10(25A) - Income of the Employees’ State Insurance FundSchedule VII(27) - Employees’ State Insurance Fund set up under the provisions of the Employees’ State Insurance Act, 1948 (34 of 1948)
10(26) - Income of a member of a Scheduled TribeSchedule III(19) - Scheduled Tribe: Any income which accrues or arises— - (a) from any source in the areas or States mentioned in column (C), or - (b) by way of dividend or interest on securities
10(26A) - —The department’s table records no counterpart.
10(26AA) - —The department’s table records no counterpart.
10(26AAA) - Income of a Sikkimese individualSchedule III(20) - Sikkimese individual: Any income which accrues or arises— - (a) from any source in the State of Sikkim; or - (b) by way of dividend or interest on securities
10(26AAB) - Income of an Agricultural Produce Marketing Committee/BoardSchedule VII(28) - An agricultural produce market committee or board constituted under any law
10(26B) - Income of certain corporation established for promo-Schedule VII(29) - A corporation established by a Central Act or State Act or Provincial Act or of any other body, institution or association (being a body, institution or association wholly financed by the Government) : Promotion of interest of scheduled caste
10(26BB) - Income of a corporation established for promoting interest of minority casteSchedule VII(30) - A corporation established by the Central Government or any State Government for promoting the interests of the members of a minority community
10(26BBB) - Income of a corporationSchedule VII(31) - Any corporation established by a Central Act or State Act or Provincial Act for the welfare and economic upliftment of ex-servicemen being the citizens of India
10(27) - Income of a co-operative society formed for promoting the interests of the members of Scheduled Castes or Scheduled TribesSchedule VII(32) - Any co-operative society formed for promoting the interests of the members of either the Scheduled Castes or Scheduled Tribes, or both
10(28) - —The department’s table records no counterpart.
10(29) - —The department’s table records no counterpart.
10(29A)(a) - Income of Coffee BoardSchedule VII(33) - Coffee Board constituted under section 4 of the Coffee Act, 1942 (7 of 1942)
10(29A)(b) - Income of Rubber BoardSchedule VII(34) - Rubber Board constituted under section 4(1) of the Rubber Board Act, 1947 (24 of 1947)
10(29A)(c) - Income of Tea BoardSchedule VII(35) - Tea Board established under section 4 of the Tea Act, 1953 (29 of 1953)
10(29A)(d) - Income of Tobacco BoardSchedule VII(36) - Tobacco Board constituted under the Tobacco Board Act, 1975 (4 of 1975)
10(29A)(e) - Income of Marine Products Export Development AuthoritySchedule VII(37) - Marine Products Export Development Authority established under section 4 of the Marine Products Export Development Authority Act, 1972 (13 of 1972)
10(29A)(f) - Income of Agricultural and Processed Food Products Export Development AuthoritySchedule VII(38) - Agricultural and Processed Food Products Export Development Authority established under section 4 of the Agricultural and Processed Food Products Export Development Act, 1985 (2 of 1986)
10(29A)(g) - Income of Spices BoardSchedule VII(39) - Spices Board constituted under section 3(1) of the Spices Board Act, 1986 (10 of 1986)
10(29A)(h) - Income of Coir BoardSchedule VII(40) - Coir Board established under section 4 of the Coir Industry Act, 1953 (45 of 1953)
10(30) - Subsidy from the Tea BoardSchedule III(21) - Tea Board: The amount of any subsidy received from or through the concerned Board under a scheme
10(31) - Subsidy from the Rubber Board, Coffee Board, Spices Board and other notified BoardSchedule III(21) - Rubber, Coffee, etc. Boards: The amount of any subsidy received from or through the concerned Board under a scheme
10(32) - Income of a minor child up to certain limitSchedule III(17) - Any income includible in the total income under section 99(1)(c): Clubbing of income
10(33) - Capital gains on transfer of unit of the Unit Scheme, 1964Schedule II(14) - Any income arising from the transfer of a capital asset, being a unit of the Unit Scheme, 1964 referred to in Schedule I to the Unit Trust of India (Transfer of Undertaking and Repeal) Act, 2002 (58 of 2002)
10(34) - DividendsThe department’s table records no counterpart.
10(34A) - Income of a shareholder on account of buyback of shares by the companyThe department’s table records no counterpart.
10(34B) - Dividend income of an IFSC unit engaged in the aircraft leasing business from a company which is also an IFSC Unit engaged in the aircraft leasing businessSchedule VI(11) - IFSC: Any income by way of dividends from a company being a Unit of an International Financial Services Centre primarily engaged - in the business of leasing - of an aircraft or a ship
10(35) - Any income arising from the transfer of a capital asset, being a unit of the Unit Scheme, 1964 referred to in Schedule I to the Unit Trust of India (Transfer of Undertaking and Repeal) Act, 2002 (58 of 2002)The department’s table records no counterpart.
10(35A) - Income of an investor received from a securitisation trustThe department’s table records no counterpart.
10(36) - LTCG in case of sharesSchedule II(17) - Any income covered under Section 10(15)(iii), (iv)(c), (d), (e), (f), (g) or (h) or 10(36) of the Income-tax Act, 1961 (43 of 1961), subject to the conditions as provided therein
10(37) - Capital gains on compulsory acquisition of urban agricultural landSchedule III(18) - Any income chargeable under the head “Capital gains” arising from the transfer of agricultural land
10(37A) - Capital gain on transfer of specified capital assets under land pooling scheme of the Andhra Pradesh GovernmentThe department’s table records no counterpart.
10(38) - LTCG in case of sharesThe department’s table records no counterpart.
10(39) - Income from international sporting eventSchedule III(33) - Any income of the nature and to the extent, arising from the international sporting event held in India
10(40) - Grants received by speci-Schedule III(39) - Any income falling under section 10(15)(iic) or 10(15)(iv)(i) or (19A) or (40) of the Income-tax Act, 1961 (43 of 1961), shall be subject to the conditions as provided therein
10(41) - —The department’s table records no counterpart.
10(42) - Income of certain non-profit body or authoritySchedule III(34) - Body or authority established under treaty or agreement with Government: Any income, of the nature and to the extent, which the Central Government may notify in this behalf
10(43) - Loan in the case of reverse mortgageSchedule III(35) - Any amount received as a loan, either in lump sum or in instalment, in a transaction of reverse mortgage referred to in section 70(1)(zh)
10(44) - Income of New Pension System TrustSchedule VII(41) - New Pension System Trust established on the 27th February, 2008 under the provisions of the Indian Trusts Act, 1882 (2 of 1882)
10(45) - —The department’s table records no counterpart.
10(46) - Specified income of entities having the object of regulating or administering any activity for the benefit of the general publicSchedule III(36) - Any income of the nature and to the extent which the Central Government may, by notification, specify in this behalf.
10(46A) - Income of bodies or authorities or trusts or commissions that are established or constituted with the specific purposes of dealing with and satisfying the need of housing accommodation, planning, development or improvement of cities, towns or villages, regulating or regulating and developing any activity for the benefit of the general public, or regulating any matter, for the benefit of the general publicSchedule VII(42) - Any body or authority or Board or Trust or Commission, not being a company, which has been established or constituted by or under a Central Act or State Act with one or more of the following purposes, — - (a) dealing with and satisfying the need for housing accommodation; - (b) planning, development or improvement of cities, towns and villages; - (c) regulating, or regulating and developing, any activity for the benefit of the general public; or - (d) regulating any matter, for the benefit of the general public, arising out of the object for which it has been created
10(46B)(i) - National Credit Guarantee Trustee Company Limited, being a company established and wholly financed by the Central Government for the purposes of operating credit guarantee funds established and wholly financed by the Central GovernmentSchedule VII(43) - National Credit Guarantee Trustee Company Limited, being a company established and wholly financed by the Central Government for the purposes of operating credit guarantee funds established and wholly financed by the Central Government
10(46B)(ii) - A credit guarantee fund established and wholly financed by the Central Government and managed by the National Credit Guarantee Trustee Company LimitedSchedule VII(44) - A credit guarantee fund established and wholly financed by the Central Government and managed by the National Credit Guarantee Trustee Company Limited
10(46B)(iii) - Credit Guarantee Fund Trust for Micro and Small Enterprises, being a trust created by the Central Government and the Small Industries Development Bank of India established under Section 3(1) of the Small Industries Development Bank of India Act, 1989 (39 of 1989)Schedule VII(45) - Credit Guarantee Fund Trust for Micro and Small Enterprises, being a trust created by the Central Government and the Small Industries Development Bank of India established under section 3(1) of the Small Industries Development Bank of India Act, 1989 (39 of 1989)
10(47) - Any income of a notified infrastructure debt fundSchedule VII(46) - An infrastructure debt fund
10(48) - Income on account of import of crude oil etc.Schedule IV (11) - Any income received in India in Indian currency
10(48A) - Income on account of storage and sale of crude oilSchedule IV(12) - Any income accruing or arising on account of storage of crude oil in a facility in India and sale of such crude oil to any person resident in India
10(48B) - Income on account of sale of leftover stock of crude oilSchedule IV(13) - Any income accruing or arising to on account of sale of leftover stock of crude oil, if any, from the facility in India after the expiry of the agreement or arrangement referred to against serial number 12 or on termination of the said agreement or arrangement
10(48C) - Income on account of replenishment of crude oilSchedule III(37) - Any income accruing or arising as a result of arrangement for replenishment of crude oil stored in its storage facility in pursuance of the directions of the Central Government in this behalf
10(48D) - Any income accruing or arising to an institution established for financing the infrastructure and developmentSchedule VII(47) - An institution established for financing the infrastructure and development set up under an Act of Parliament.
10(48E) - Any income accruing or arising to a developmental financing institution, licensed by the RBISchedule VII(48) - A developmental financing institution, licensed by the Reserve Bank of India under an Act of Parliament referred to against serial number 47.
10(49) - —The department’s table records no counterpart.
10(50) - Income which is subject to equalisation levyThe department’s table records no counterpart.
10A - Special provision in respect of newly established undertakings in free trade zone, etc.The department’s table records no counterpart.
10AA - Special provisions in respect of newly established units in Special Economic Zones144 — Special provisions in respect of newly established Units in Special Economic Zones
10B - Special provisions in respect of newly established hundred per cent export-oriented undertakingsThe department’s table records no counterpart.
10BA - Special provisions in respect of export of certain articles or thingsThe department’s table records no counterpart.
10BB - Meaning of computer programmes in certain casesThe department’s table records no counterpart.
10C - Special provision in respect of certain industrial undertakings in North-Eastern RegionThe department’s table records no counterpart.
What a renumbering does not tell you. That section X became section Y is the easy half. The hard half is whether the words changed, and they very often did — a permissive ‘may’ became ‘shall’, a proviso became a free-standing sub-section, a condition moved into a Schedule. One old provision also frequently maps to several new ones, and this table shows each of those as its own row. Case law decided on the old words does not automatically carry across. Read both provisions before you rely on the mapping.