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Section37
The Finance Act, 2017

Amendment of section 80-IBA

In force As on 10 Oct 2026

Ministry Finance Enacted 17 Apr 2017 Cited by 1 provision

Section 37 of the Finance Act, 2017 deals with amendment of section 80-IBA. Amendment of section 80-IBA. 37. In section 80-IBA of the Income-tax Act [as inserted by section 44 of the Finance Act, 2016 (28 of 2016)], with effect from the 1st day of April, 2018,— (a) | in sub-section (2),— (i) | in clause (b), for the words "three years", the words "five years" shall be subst The Act was enacted on 17 Apr 2017.

Amendment of section 80-IBA.

37. In section 80-IBA of the Income-tax Act [as inserted by section 44 of the Finance Act, 2016 (28 of 2016)], with effect from the 1st day of April, 2018,—

(a)in sub-section (2),—
(i)in clause (b), for the words "three years", the words "five years" shall be substituted;
(ii)in clauses (c) and (f), for the expression "built-up area" wherever they occur, the words "carpet area" shall be substituted;
(iii)the words "or within the distance, measured aerially, of twenty-five kilometres from the municipal limits of these cities" wherever they occur shall be omitted;
(b)in sub-section (6), for clause (a), the following clause shall be substituted, namely:—
'(a)"carpet area" shall have the same meaning as assigned to it in clause (k) of section 2 of the Real Estate (Regulation and Development) Act, 2016 (16 of 2016).'.
Section 37, The Finance Act, 2017.

Cross-references

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

This section refers to

  1. Finance Act s. 44 Insertion of new section 80-IBA
  2. s. 80 Amendment of section 245N

Referred to by 1

  1. s. First Schedule Income-tax

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 80-IBA". Amendment of section 80-IBA. 37. In section 80-IBA of the Income-tax Act [as inserted by section 44 of the Finance Act, 2016 (28 of 2016)], with effect from the 1st day of April, 2018,— (a) | in sub-section (2),— (i) | in clause (b), for the words "three years", the words "five years" shall be subst

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 2017 37, section 37 Finance Act 2017, 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 Finance Act 44 (Insertion of new section 80-IBA), section 80 (Amendment of section 245N), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.

When was Section 37 of the Finance Act enacted?

Section 37 of the Finance Act, cited as Finance Act 2017 37, was enacted on 17 Apr 2017. 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.