§ 95
Chapter IV — Computation Of Total Income
Profits chargeable to tax
Income-tax Act, 2025
This section applies certain provisions to compute the income of an assessee under section 92. It ensures consistency in calculating income, whether under the head 'Profits and gains of business or profession' or under section 92. The provisions of section 38(1) to (4) are applicable in this computation.
📜 Official text of the section +
95. The provision of section 38(1), (2), (3) and (4) shall apply in computing the
income of an assessee under section 92, as they apply in computing the income
of an assessee under the head “Profits and gains of business or profession”.
CHAPTER V
INCOME OF OTHER PERSONS INCLUDED
IN TOTAL INCOME OF ASSESSEE
Transfer of income without transfer of assets.
Plain-language summary — not the official text. Refer to the bare Act and confirm with a professional for your specific case.