Income Tax Act, 2025
Section 11: Subs. by Act 20 of 2002, s. 4, for “savings certificates issued” (w.e.f. 12003).
11. Subs. by Act 20 of 2002, s. 4, for “savings certificates issued” (w.e.f. 12003).
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(b) “convertible foreign exchange” means foreign exchange which is for the time being
treated by the Reserve Bank of India as convertible foreign exchange for the purposes of 1[the
Foreign Exchange Management Act, 1999 (42 of 1999)], and any rules made thereunder;]
2[(5) in the case of an individual, the value of any travel concession or assistance received by, or
due to, him,—
(a) from his employer for himself and his family, in connection with his proceeding on leave
to any place in India;
(b) from his employer or former employer for himself and his family, in connection with his
proceeding to any place in India after retirement from service or after the termination of his
service,
subject to such conditions as may be prescribed(including conditions as to number of journeys and
the amount which shall be exempt per head) having regard to the travel concession or assistance
granted to the employees of the Central Government:
Provided that the amount exempt under this clause shall in no case exceed the amount of
expenses actually incurred for the purpose of such travel.
Explanation.—For the purposes of this clause, “family”, in relation to an individual, means—
(i) the spouse and children of the individual ; and
(ii) the parents, brothers and sisters of the individual or any of them, wholly or mainly
dependent on the individual;]
3* * * * *
4* * * * *
(6) in the case of an individual who is not a citizen of India,—
5* * * * *
6[(ii) the remuneration received by him as an official, by whatever name called, of an
embassy, high commission, legation, commission, consulate or the trade representation of a
foreign State, or as a member of the staff of any of these officials, for service in such capacity:
Provided that the remuneration received by him as a trade commissioner or other official
representative in India of the Government of a foreign State (not holding office as such in an
honorary capacity), or as a member of the staff of any of those officials, shall be exempt only if
the remuneration of the corresponding officials or, as the case may be, members of the staff, if
any, of the Government resident for similar purposes in the country concerned enjoys a similar
exemption in that country:
1. Subs. by Act 17 of 2013, s. 4, for “the Foreign Exchange Regulation Act, 1973 (46 of 1973)” (w.e.f. 12013).
“convertible foreign exchange” means foreign exchange which is for the time being
treated by the Reserve Bank of India as convertible foreign exchange for the purposes of 1[the
Foreign Exchange Management Act, 1999 (42 of 1999)], and any rules made thereunder;]
2[
in the case of an individual, the value of any travel concession or assistance received by, or
due to, him,—
from his employer for himself and his family, in connection with his proceeding on leave
to any place in India;
from his employer or former employer for himself and his family, in connection with his
proceeding to any place in India after retirement from service or after the termination of his
service,
subject to such conditions as may be prescribed(including conditions as to number of journeys and
the amount which shall be exempt per head) having regard to the travel concession or assistance
granted to the employees of the Central Government:
Provided that the amount exempt under this clause shall in no case exceed the amount of
expenses actually incurred for the purpose of such travel.
Explanation.—For the purposes of this clause, “family”, in relation to an individual, means—
the spouse and children of the individual ; and
the parents, brothers and sisters of the individual or any of them, wholly or mainly
dependent on the individual;]
3* * * * *
4* * * * *
in the case of an individual who is not a citizen of India,—
5* * * * *
6[
the remuneration received by him as an official, by whatever name called, of an
embassy, high commission, legation, commission, consulate or the trade representation of a
foreign State, or as a member of the staff of any of these officials, for service in such capacity:
Provided that the remuneration received by him as a trade commissioner or other official
representative in India of the Government of a foreign State (not holding office as such in an
honorary capacity), or as a member of the staff of any of those officials, shall be exempt only if
the remuneration of the corresponding officials or, as the case may be, members of the staff, if
any, of the Government resident for similar purposes in the country concerned enjoys a similar
exemption in that country:
1. Subs. by Act 17 of 2013, s. 4, for “the Foreign Exchange Regulation Act, 1973 (46 of 1973)” (w.e.f. 12013).