https://www.taxtmi.com/manuals?id=8074 The year of convergence is defined by reference to the period in which the convergence date falls. For the purposes of the relevant subsection, section 206 of the Income Tax Act, 2025, identifies it as the tax year containing that date. Section 115JB of the Income Tax Act, 1961, instead identifies it as the previous year containing the convergence date. en-us Thu, 05 Nov 2026 11:41:22 +0530 Thu, 05 Nov 2026 11:41:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=8074 The year of convergence is defined by reference to the period in which the convergence date falls. For the purposes of the relevant subsection, section 206 of the Income Tax Act, 2025, identifies it as the tax year containing that date. Section 115JB of the Income Tax Act, 1961, instead identifies it as the previous year containing the convergence date. Manuals Income Tax Thu, 05 Nov 2026 11:41:22 +0530 https://www.taxtmi.com/manuals?id=8074