Income-tax Act, 1961 · Chapter IV: Computation of Total Income · E.—Capital gains
Section 52: [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The Income-tax Act, 1961 was repealed by the Income-tax Act, 2025 from 1 April 2026.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.
In plain words
This section has been omitted by the Finance Act, 1987. It no longer forms part of the Act, though judgments on older assessment years may still refer to it.
A simplified explanation, prepared with AI assistance from the official text below and checked automatically against it for numbers and cross-references. The official text is the law and prevails over this summary. Not legal advice.
Official text
Omitted by the Finance Act, 1987 (11 of 1987), s. 17 (w.e.f. 1-4-1988). Earlier amended by Act 5 of 1964, s. 13 (w.e.f. 1-4-1964), Act 25 of 1975, s. 9 (w.e.f. 1-4-1974) and Act 19 of 1978, s. 9 (w.e.f. 1-4-1974).
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 52
- M.M. Aqua Technologies Ltd. v. Commissioner of Income Tax, Delhi-Iii
- M/S Bangalore Club v. The Commissioner of Wealth Tax & Anr.
- Rajasthan State Electricity Board v. The Dy. Commissioner of Income Tax (Assessment) & Anr.
- Vasant Ganpat Padave (D) by Lrs. & Ors . v. Anant Mahadev Sawant (D) Through Lrs. & Ors
- M/S. Southern Motors v. State of Karnataka and Others
- Dhole Govind Sahebrao & Others v. Union of India & Others
- M.N. Abdul Pawoof v. Pichamuthu and Ors.
- Income Tax Officer, Jodhpur v. Purushottam Das Bangur and Anr.
- Commissioner of Income Tax v. Shivakami Co. Pvt. Ltd.
- K.P. Varghese v. The Income-Tax Officer, Ernakulam, and Another
- I. C. I. (India) Private Ltd. v. C. I. T., West Bengal