Income-tax Act, 1961 · Chapter IV: Computation of Total Income · D.—Profits and gains of business or profession
Section 44AC: [Omitted
The Income-tax Act, 1961 was repealed by the Income-tax Act, 2025 from 1 April 2026. The text is kept here because the judgments below apply it.
The text of this is not available on India Code yet.
Source: India Code (Legislative Department), the text of the Act as it stood before its repeal. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.
Supreme Court judgments citing the section 44AC
- Deputy Commissioner of Income Tax & Anr. v. M/S. Pepsi Foods Ltd. (Now Pepsico India Holdings Pvt. Ltd.)
- State of U.P. & Ors. v. M/S Mohan Meakin Breweries Ltd. & Anr.
- Assistant Director of Inspection Investigation v. Kum. A.B. Shanthi
- Union of India and Anr. Etc. Etc. v. A. Sanyasi Rao and Ors. Etc. Etc.