Income-tax Act, 1961Section 184
- Firm assessed as such if there is a deed specifying partners' shares
- Certified copy with first return and on changes
Applies to FY 2025-26 (AY 2026-27) and earlier years.
IT Act 1961 → 2025 / Section 184
Returns & assessmentSection 184 → Section 325
Assessment as a firm: partnership deed requirements
Section 184 of the old Income-tax Act, 1961 · new section 325 under the Income-tax Act, 2025
New reference Section 325 (185 → 326; 187–189 → 327–330)
Income-tax Act, 2025Section 325 (185 → 326; 187–189 → 327–330)
- Same, section 325
- Change in constitution: section 327; succession: 328; dissolution: 330
Applies from tax year 2026-27 (from 1 April 2026).
What changed
Renumbered.
Practice notes
- Partner remuneration/interest limits: section 35 (old 40(b)).
Frequently asked
What is section 184 called in the new Income Tax Act 2025?
Section 325: a firm is assessed as such where a deed specifies partners' shares.
What is section 184 called in the new Income-tax Act, 2025?
Section 184 of the Income-tax Act, 1961 corresponds to Section 325 (185 → 326; 187–189 → 327–330) of the Income-tax Act, 2025, which applies from 1 April 2026 (tax year 2026-27).
What changed in section 184 under the new Income Tax Act?
Renumbered.
Is section 184 still applicable for FY 2025-26?
Yes. Income of FY 2025-26 (AY 2026-27) and earlier years is governed by section 184 of the 1961 Act. Section 325 (185 → 326; 187–189 → 327–330) of the 2025 Act applies from tax year 2026-27.