eCourtsIndia
IndiaCode Laws
Section4
The Finance Act, 1975

Amendment of section 32

In force Act 25 of 1975 As on 15 Oct 2026

Act 25 of 1975 Ministry Finance Enacted 09 May 1975 Cited by 1 provision

Section 4 of the Finance Act, 1975 deals with amendment of section 32. 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 outs The Act was enacted on 09 May 1975.

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.

Section 4, The Finance Act, 1975 (Act 25 of 1975).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

This section refers to

  1. Income-tax Act s. 32 Depreciation

Referred to by 1

  1. s. 26 Amendment of section 4

Questions about Section 4

What does Section 4 of the Finance Act deal with?

Section 4 of the Finance Act is headed "Amendment of section 32". 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 outs

How do I find court cases under Section 4 of the Finance Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act 1975 4, section 4 Finance Act 1975, section 4 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 4 of the Finance Act, and has it changed?

Its own text turns on Income-tax Act 32 (Depreciation), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.

When was Section 4 of the Finance Act enacted?

Section 4 of the Finance Act, cited as Finance Act 1975 4, was enacted on 09 May 1975 as Act 25 of 1975. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. 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. This page is not a substitute for legal advice.