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section 54G

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....ection 54G<br> Query (Issue) Started By: - d.v. gupta Dated:- 22-1-2011 Last Reply Date:- 28-6-2011 Income Tax<br>Got 1 Reply<br>Income Tax<br>SIR, WHAT IS MEAN BY RURAL AND URBAN AREA UNDER SECTION ....

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....54 G. IS THERE SPECIFIC LIST OR AS PER MUNICIPAL CORPORATION OF SAID AREA. Reply By Surender Gupta: The Reply: If you read section 54 carefully, you will find the definition of urban area in the exp....

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....lanation below sub section (1)(iii). The definition of urban area is being reproduced as: Explanation.--In this sub-section, "urban area" means any such area within the limits of a municipal corporat....

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....ion or municipality as the Central Government may, having regard to the population, concentration of industries, need for proper planning of the area and other relevant factors, by general or special ....

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....order, declare to be an urban area for the purposes of this sub-section.<br> Discussion Forum - Knowledge Sharing ....