Amendment of section 80RRA

In force Act 11 of 1987 As on 17 Oct 2026

Act 11 of 1987 Ministry Finance Cited by 1 provision

Section 37 of the Finance Act, 1987 deals with amendment of section 80RRA. Amendment of section 80RRA 37. In section 80RRA of the Income-tax Act, in sub-section (1), for the words "of an amount equal to fifty per cent thereof", the following shall be substituted with effect from the 1st day of April, 1988, namely:— "of an amount equal to,— (i) fifty per cent of the remuner

Amendment of section 80RRA
37. In section 80RRA of the Income-tax Act, in sub-section (1), for the words "of an amount equal to fifty per cent thereof", the following shall be substituted with effect from the 1st day of April, 1988, namely:—
"of an amount equal to,—
(i) fifty per cent of the remuneration; or
(ii)seventy-five per cent of such remuneration as is brought into India by, or on behalf of, the assessee in accordance with the Foreign Exchange Regulation Act, 1973 (46 of 1973), and any rules made there under,
whichever is higher".
[Finance Act, 1987]
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Section 37, The Finance Act, 1987 (Act 11 of 1987).

Cross-references

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

This section refers to

Income-tax Act s. 80RRA Deduction in respect of remuneration received for services rendered outside India

Referred to by 1

s. First Schedule First Schedule

Questions about Section 37

What does Section 37 of the Finance Act deal with?

Section 37 of the Finance Act is headed "Amendment of section 80RRA". Amendment of section 80RRA 37. In section 80RRA of the Income-tax Act, in sub-section (1), for the words "of an amount equal to fifty per cent thereof", the following shall be substituted with effect from the 1st day of April, 1988, namely:— "of an amount equal to,— (i) fifty per cent of the remuner

How do I find court cases under Section 37 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 1987 37, section 37 Finance Act 1987, section 37 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 37 of the Finance Act, and has it changed?

Its own text turns on Income-tax Act 80RRA (Deduction in respect of remuneration received for services rendered outside India), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.

When was the Finance Act enacted?

Finance Act was enacted in 1987 as Act 11 of 1987. India Code records no commencement date for it. It is in force as at the date shown on this page.

Other sections of this Act

First Schedule. First Schedule6061 words
2. Income-tax1675 words
32. Amendment of section 80C1059 words
24. Insertion of new section 54G901 words
59. Insertion of new sections 245BA to 245BD752 words
79. Insertion of new sections 22BA to 22BD748 words

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.