Income-tax Act, 1961 · Chapter VII: Incomes Forming Part of Total Income on Which No Income-Tax Is Payable

Section 81: [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The Income-tax Act, 1961 was repealed by the Income-tax Act, 2025 from 1 April 2026.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.

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 81

• Commissioner of Income Tax, Karnataka-Iii v. Karnataka State Cooperative Apex Bank
  2001 INSC 38522 August 2001Dismissed
• Kerala State Cooperative Marketing Federation Ltd. and Another v. Commissioner of Income Tax
  1998 INSC 23513 May 1998Disposed of
• The Madhya Pradesh Co-Operative Bank Ltd. Jabalpur Etc. v. The Additional Commissioner of Income Tax. Etc.
  1996 INSC 10219 January 1996Dismissed
• Sabarkantha Zilla Kharid v. Sangh Ltd v. Commissioner of Income Tax
  1993 INSC 2565 August 1993Dismissed
• Broach Distt. Co-Operative Cotton Sales Ginning & Pressing Society Ltd. v. Commissioner of Income Tax, Ahmedabad.
  1989 INSC 14026 April 1989Appeal(s) allowed
• Madurai Distt. Central Cooperative Bank Ltd. v. The Third Income-Tax Officer, Madurai
  1975 INSC 14228 July 1975Dismissed