Section 95 of Income Tax Act, 2025 : Profits chargeable to tax. HomeIncome Tax Act, 2025Section 95 of Income Tax Act, 2025 : Profits chargeable to tax. published by Advocate Shruti Goyal | February 18, 2025 The provision of section 38(1)(a) shall apply in computing the income of an assessee under section 92, as they apply in computing the income of an assessee under the head “Profits and gains of business or profession”.