IT Act 1961 → 2025 / Section 10 clauses
ExemptionsAgricultural income, scholarships, awards, superannuation and Agniveer payments — section 10 in Schedule II
Section 10 clauses of the old Income-tax Act, 1961 · new Schedule II under the Income-tax Act, 2025
New reference Section 11 read with Schedule II (income not included in total income)
Applies to FY 2025-26 (AY 2026-27) and earlier years.
Applies from tax year 2026-27 (from 1 April 2026).
| 1961 Act | Subject | 2025 Act |
|---|---|---|
| 10 | Incomes not included in total income (charging rule) | Section 11 |
| 10(1) | Agricultural income | Schedule II S.No. 1 |
| 10(12C) | Payment from Agniveer Corpus Fund | Schedule II S.No. 7 |
| 10(13) | Payment from an approved superannuation fund | Schedule II S.No. 8 |
| 10(16) | Scholarships to meet the cost of education | Schedule II S.No. 9 |
| 10(17A) | Awards and rewards (Government-approved) | Schedule II S.No. 10 |
| 10(33) | Transfer of units of US-64 | Schedule II S.No. 14 |
| 10(36) | LTCG on eligible equity shares (saving clause) | Schedule II S.No. 17 |
| 10(50)(i) | Income from specified e-commerce services (equalisation levy) | No counterpart in Schedule II as amended (CBDT: S.No. 15) |
Source: CBDT mapping of sections, Income-tax Act 1961 to Income-tax Act 2025.
Section 10 is broken up: the operative rule is section 11, and the 50-odd clauses become serial numbers in Schedules II to VII by type of person. Schedule II also covers Unified Pension Scheme payments (S.No. 15, 16).
Yes. Agricultural income is in Schedule II, S.No. 1, read with section 11 of the Income-tax Act, 2025, with no conditions.
Section 10 is replaced by section 11 read with Schedules II to VII. Each old clause becomes a serial number in one of those Schedules.
Section 10 of the Income-tax Act, 1961 (Incomes not included in total income (charging rule)) corresponds to section Section 11 of the Income-tax Act, 2025, which applies from 1 April 2026 (tax year 2026-27).
Section 10(1) of the Income-tax Act, 1961 (Agricultural income) corresponds to section Schedule II S.No. 1 of the Income-tax Act, 2025, which applies from 1 April 2026 (tax year 2026-27).
Section 10(12C) of the Income-tax Act, 1961 (Payment from Agniveer Corpus Fund) corresponds to section Schedule II S.No. 7 of the Income-tax Act, 2025, which applies from 1 April 2026 (tax year 2026-27).
Section 10(13) of the Income-tax Act, 1961 (Payment from an approved superannuation fund) corresponds to section Schedule II S.No. 8 of the Income-tax Act, 2025, which applies from 1 April 2026 (tax year 2026-27).
Section 10(16) of the Income-tax Act, 1961 (Scholarships to meet the cost of education) corresponds to section Schedule II S.No. 9 of the Income-tax Act, 2025, which applies from 1 April 2026 (tax year 2026-27).
Section 10(17A) of the Income-tax Act, 1961 (Awards and rewards (Government-approved)) corresponds to section Schedule II S.No. 10 of the Income-tax Act, 2025, which applies from 1 April 2026 (tax year 2026-27).
Section 10 is broken up: the operative rule is section 11, and the 50-odd clauses become serial numbers in Schedules II to VII by type of person. Schedule II also covers Unified Pension Scheme payments (S.No. 15, 16).