Income Tax Act 2025: Section 300 for Tax Year 2026-27

Application of other provisions of Act

[Section-300 as per the Income Tax Act, 2025 (this Act) w.e.f. 1st April, 2026.]

Save as otherwise provided in this Chapter, all other provisions of this Act shall apply to assessment made under this Chapter.

FAQs on Section 300 of Income Tax Act 2025

What does Section 300 of the Income Tax Act, 2025 provide for?
Section 300 states that, unless otherwise provided in the Chapter it belongs to, all other provisions of the Act shall apply to assessments made under that Chapter.

Does Section 300 override other provisions of the Act?
No, it does not override other provisions. Instead, it ensures that other provisions of the Act apply unless there is a specific exception stated within the Chapter.

Is Section 300 applicable to all chapters of the Act?
No, it applies specifically within the context of the Chapter it is a part of, ensuring continuity and applicability of the general provisions of the Act to assessments under that Chapter.

What is the significance of the phrase “Save as otherwise provided in this Chapter”?
This phrase means that if the Chapter contains any provision that specifically deviates from or excludes general provisions, those specific provisions will prevail over the general ones.

Can provisions of other Chapters be excluded under Section 300?
Yes, but only if the Chapter itself contains specific language or provisions that provide such an exclusion.

What is meant by “assessment made under this Chapter”?
It refers to the process of determining the tax liability of a person or entity according to the rules laid out in the Chapter in which Section 300 appears.

From when is Section 300 effective?
Section 300 is effective from 1st April, 2026.

Does Section 300 affect procedural or only substantive provisions?
It applies to all provisions—both procedural and substantive—unless the Chapter provides otherwise.

Can the application of other provisions under Section 300 be challenged legally?
Only if there is ambiguity or conflict between the general provisions and those specifically stated in the Chapter. Otherwise, general provisions are deemed applicable by default.

How does Section 300 ensure legal consistency?
It acts as a bridging clause, incorporating the broader provisions of the Act into a specific Chapter unless explicitly excluded, thus maintaining legislative coherence.