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        F. Acts / Amendment Acts

        Section 4 - Amendment of Section 32

        Finance Act, 1975
        Chapter III
        DIRECT TAXES
        INCOME-TAX

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        Deduction disallowed for foreign-manufactured motor cars acquired after the specified date, except when used in tourist hire business. Amendment adds a proviso denying deductions for motor cars manufactured outside India acquired after the specified cut off date, except where the car is used in the business of running it on hire for tourists.
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Deduction disallowed for foreign-manufactured motor cars acquired after the specified date, except when used in tourist hire business.

                              Amendment adds a proviso denying deductions for motor cars manufactured outside India acquired after the specified cut off date, except where the car is used in the business of running it on hire for tourists.


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