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Section37
The Finance Act, 2003

Amendment of section 80HHC

In force As on 18 Oct 2026

Ministry Finance Cited by 1 provision

Section 37 of the Finance Act, 2003 deals with amendment of section 80HHC. Amendment of section 80HHC. 37. In section 80HHC of the In­come-tax Act, with effect from the 1st day of April, 2004,— (a ) in sub-section (4), the following proviso shall be inserted, namely:— "Provided that in the case of an undertaking referred to in sub-section (4C), the assessee shall also furn

Amendment of section 80HHC.

37. In section 80HHC of the In­come-tax Act, with effect from the 1st day of April, 2004,—

(a ) in sub-section (4), the following proviso shall be inserted, namely:—

"Provided that in the case of an undertaking referred to in sub-section (4C), the assessee shall also furnish along with the return of income, a certificate from the undertaking in the special economic zone containing such particulars as may be prescribed, duly certified by the auditor auditing the accounts of the under­taking in the special economic zone under the provisions of this Act or under any other law for the time being in force.";

(b ) after sub-section (4B) and before the Explanation, the following sub-section shall be inserted, namely :—

"(4C) The provisions of this section shall apply to an assessee,—

(a) for an assessment year beginning after the 31st day of March, 2004 and ending before the 1st day of April, 2005;

(b) who owns any undertaking which manufactures or produces goods or merchandise anywhere in India (outside any special economic zone) and sells the same to any undertaking situated in a special economic zone which is eligible for deduction under section 10A and such sale shall be deemed to be export out of India for the purposes of this section.";

(c)in the Explanation occurring at the end, after clause (d), the following clause shall be inserted, namely :—

‘(e) "special economic zone" shall have the meaning as­signed to it in clause (viii) of the Explanation 2 to section 10A.’.

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Section 37, The Finance Act, 2003.

Cross-references

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

Referred to by 1

  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 80HHC". Amendment of section 80HHC. 37. In section 80HHC of the In­come-tax Act, with effect from the 1st day of April, 2004,— (a ) in sub-section (4), the following proviso shall be inserted, namely:— "Provided that in the case of an undertaking referred to in sub-section (4C), the assessee shall also furn

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 2003 37, section 37 Finance Act 2003, 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?

1 other provision in this corpus refers back to it.

When was the Finance Act enacted?

Finance Act was enacted in 2003. 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

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.