Section 85
Exemption — LTCG Invested in NHAI/REC Bonds
Section No.
85
Chapter
IV
ITA 1961 Predecessor
S.54EC
Chapter Context
Section 85 falls under Chapter IV — Computation of Total Income of the Income Tax Act 2025. This act came into force on 1 April 2026, replacing the Income Tax Act 1961. The equivalent provision in the old act was S.54EC.
Frequently Asked Questions
Section 85 of the Income Tax Act 2025 deals with "Exemption — LTCG Invested in NHAI/REC Bonds". It falls under Chapter IV (Computation of Total Income). The equivalent provision in the old Income Tax Act 1961 was S.54EC. The Income Tax Act 2025 came into force on 1 April 2026, replacing the entire ITA 1961.
S.54EC of the Income Tax Act 1961 corresponds to Section 85 of the Income Tax Act 2025 ("Exemption — LTCG Invested in NHAI/REC Bonds"). The ITA 2025 reorganised and renumbered most provisions from ITA 1961 while retaining their substantive legal effect. Tax professionals and taxpayers familiar with the old numbering can use this section-by-section mapping to navigate the new act.
Section 85 ("Exemption — LTCG Invested in NHAI/REC Bonds") is part of Chapter IV — Computation of Total Income — of the Income Tax Act 2025. This chapter deals with computation of total income provisions applicable for Tax Year 2026-27 and onwards.