# The Finance Act, 1975, Section 4: Amendment of section 32

- Act: The Finance Act, 1975 (Act 25 of 1975)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-1975/section/4/

## Text

Amendment of section 32 4. In section 32 of the Income-tax Act, in clause (ii) of sub-section (1), after the proviso, the following proviso shall be inserted, namely:— "Provided further that no deduction shall be allowed under this clause of clause (iii) in respect of any motor car manufactured outside India, where such motor car is acquired by the assessee after the 28th day of February, 1975 and is used otherwise than in a business of running it on hire for tourists;". [Finance Act, 1975] © Copyright. Taxmann Publications Pvt. Ltd.

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