Direct move
This was Section 45 under the Income-tax Act 1961. See the mapping
Chapter V: Capital Gains
Section 67, Income-tax Act 2025: Capital gains (meaning and computation)
SourcedSource: Income-tax Act, 2025 (Gazette)Compiled 1 July 2026CA review in progress: how verification works
Plain-English summary
Defines capital gains under the new Act; the tax treatment (rates for short-term and long-term gains) sits in Sections 196–198. The post-July-2024 rate structure carries over: 20% on short-term listed equity gains, 12.5% on long-term gains above the ₹1.25 lakh annual equity exemption, and 12.5% generally for other long-term assets.
Read the section as enacted
The statutory text is loaded verbatim from the Gazette copy of the Income-tax Act 2025, never from secondary sources or memory. The CA-checked copy appears here the moment it clears review.