Income Tax Act, 1961
Section 3: Subs. by Act 10 of 2000, s. 42, for certain words (w.e.f. 12001).
3. Subs. by Act 10 of 2000, s. 42, for certain words (w.e.f. 12001).
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allow in this behalf and no deduction shall be allowed in respect of the assessment year beginning on the
1st day of April, 2005 and any subsequent assessment year:]]
Provided that no deduction under this section shall be allowed unless the assessee furnishes a
certificate, in the prescribed form, along with the return of income, certifying that the deduction has been
correctly claimed in accordance with the provisions of this section.]
1* * * * *
2[Explanation.—For the purposes of this section, the expression “competent authority” means the
Reserve Bank of India or such other authority as is authorised under any law for the time being in force
for regulating payments and dealings in foreign exchange.]
3[80RR. Deduction in respect of professional income from foreign sources in certain
cases.—Where the gross total income of an individual resident in India, being an author, playwright,
artist, 4[musician, actor or sportsman (including an athlete)], includes any income derived by him in the
exercise of his profession from the Government of a foreign State or any person not resident in India,
5[there shall be allowed, in computing the total income of the individual, 6[a deduction from such income
of an amount equal to—
(i) sixty per cent. of such income for an assessment year beginning on the 1st day of April, 2001;
(ii) forty-five per cent. of such income for an assessment year beginning on the 1st day of April,
2002;
(iii) thirty per cent. of such income for an assessment year beginning on the 1st day of April,
2003;
(iv) fifteen per cent. of such income for an assessment year beginning on the 1st day of April,
2004,
as is brought into India by, or on behalf of, the assessee in convertible foreign exchange within a period of
six months from the end of the previous year or within such further period as the competent authority may
allow in this behalf and no deduction shall be allowed in respect of the assessment year beginning on the
1st day of April, 2005 and any subsequent assessment year:]
Provided that no deduction under this section shall be allowed unless the assessee furnishes a
certificate, in the prescribed form, along with the return of income, certifying that the deduction has been
correctly claimed in accordance with the provisions of this section.]]]
7[Explanation.—For the purposes of this section, the expression “competent authority” means the
Reserve Bank of India or such other authority as is authorised under any law for the time being in force
for regulating payments and dealings in foreign exchange.]
8[80RRA. Deduction in respect of remuneration received for services rendered outside
India.—(1) Where the gross total income of an individual who is a citizen of India includes any
remuneration received by him in foreign currency from any employer (being a foreign employer or an
Indian concern) for any service rendered by him outside India, there shall, in accordance with and subject
sixty per cent. of such income for an assessment year beginning on the 1st day of April, 2001;
forty-five per cent. of such income for an assessment year beginning on the 1st day of April,
2002;
thirty per cent. of such income for an assessment year beginning on the 1st day of April,
2003;
fifteen per cent. of such income for an assessment year beginning on the 1st day of April,
2004,
as is brought into India by, or on behalf of, the assessee in convertible foreign exchange within a period of
six months from the end of the previous year or within such further period as the competent authority may
allow in this behalf and no deduction shall be allowed in respect of the assessment year beginning on the
1st day of April, 2005 and any subsequent assessment year:]
Provided that no deduction under this section shall be allowed unless the assessee furnishes a
certificate, in the prescribed form, along with the return of income, certifying that the deduction has been
correctly claimed in accordance with the provisions of this section.]]]
7[Explanation.—For the purposes of this section, the expression “competent authority” means the
Reserve Bank of India or such other authority as is authorised under any law for the time being in force
for regulating payments and dealings in foreign exchange.]
8[80RRA. Deduction in respect of remuneration received for services rendered outside
India.—
Where the gross total income of an individual who is a citizen of India includes any
remuneration received by him in foreign currency from any employer (being a foreign employer or an
Indian concern) for any service rendered by him outside India, there shall, in accordance with and subject