{"act":{"id":"finance-act-1993","short_title":"The Finance Act, 1993","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 1993-1994.","act_number":"38","act_year":1993,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":43,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-1993/"},"unit":"section","section":{"number":"4","heading":"Amendment of section 10A","text":"Amendment of section 10A. 4. In section 10A of the Income-tax Act,— (a) in sub-section (2), for clause (i), the following clause shall be substituted with effect from the 1st day of April, 1994, namely: — \"(i) it has begun or begins to manufacture or produce articles or things during. the previous year relevant to the assessment year— (a) commencing on or after the 1st day of April, 1981, in any free trade zone; or (b) commencing on or after the 1st day of April, 1994, in any electronic hardware technology park or, as the case may be, software technology park;\"; (b) In sub-section (4), in clause (iii), after the word, figures and letter \"section 80-1\", the words, figures and letters 'or section 80-IA\" shall be inserted and shall be deemed to have; been inserted with effect from the 1st day of April, 1991; (c) in the Explanation occurring at the. end, after clause (iii), the following clauses shall be inserted with effect from the 1st day of April, 1994, namely:— (iv) \"electronic hardware technology park\" means any park set up in accordance with the Electronic Hardware Technology Park (EHTP) Scheme (notified by the Government of India in the Ministry of Commerce; (v) \"software technology park\" means any park set up in accordance with the Software Technology Park Scheme notified by the Government of India in the Ministry of Commerce; (vi) \"produce\", in relation to articles or things referred to in clause (i) of sub-section (2), includes production of computer programmes;'. [Finance Act, 1993] © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Amendment of section 10A.</b></p><p><b>4.</b> In section 10A of the Income-tax Act,—</p><p>(<i>a</i>) in sub-section (<i>2</i>), for clause (i), the following clause shall be substituted with effect from the 1st day of April, 1994, namely: —</p><p>\"(<i>i</i>) it has begun or begins to manufacture or produce articles or things during. the previous year relevant to the assessment year—</p><p>(<i>a</i>) commencing on or after the 1st day of April, 1981, in any free trade zone; or</p><p>(<i>b</i>) commencing on or after the 1st day of April, 1994, in any electronic hardware technology park or, as the case may be, software technology park;\";</p><p>(<i>b</i>) In sub-section (4), in clause (<i>iii</i>), after the word, figures and letter \"section 80-1\", the words, figures and letters 'or section 80-IA\" shall be inserted and shall be deemed to have; been inserted with effect from the 1st day of April, 1991;</p><p>(<i>c</i>) in the <i>Explanation</i> occurring at the. end, after clause <i>(iii),</i> the following clauses shall be inserted with effect from the 1st day of April, 1994, namely:—</p><p>(<i>iv</i>) \"electronic hardware technology park\" means any park set up in accordance with the Electronic Hardware Technology Park (EHTP) Scheme (notified by the Government of India in the Ministry of Commerce;</p><p>(<i>v</i>) \"software technology park\" means any park set up in accordance with the Software Technology Park Scheme notified by the Government of India in the Ministry of Commerce;</p><p>(<i>vi</i>) \"produce\", in relation to articles or things referred to in clause <i>(i)</i> of sub-section (<i>2</i>), includes production of computer programmes;'.</p><p>[Finance Act, 1993]</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":260,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-1993/section/4/","note":null,"source_note":"Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument.","judgments_note":"Judgment holdings are the ratio decidendi as extracted from the order by eCourts India, reproduced unaltered. Reported judgments only.","licence":"Published with commentary and other original matter under s.52(1)(q)(ii), Copyright Act 1957."}