Income Tax Act, 2025
Section 3: Ins. by Act 20 of 2002, s. 34 (w.e.f. 12003).
3. Ins. by Act 20 of 2002, s. 34 (w.e.f. 12003).
4. Clause (aa) re-lettered as clause (ab) thereof by Act 23 of 2004, s. 18 (w.e.f. 12005).
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(ii) in the case of a company carrying on scientific and industrial research and development,
means the assessment year relevant to the previous year in which the company is approved by the
prescribed authority for the purposes of sub-section (8);
(iii) in the case of an undertaking engaged in the business of commercial production or
refining of mineral oil referred to in sub-section (9), means the assessment year relevant to the
previous year in which the undertaking commences the commercial production or refining of
mineral oil;
1[(iv) in the case of an undertaking engaged 2[in the business of processing, preservation and
packaging of fruits or vegetables or] in the integrated business of handling, storage and
transportation of foodgrains, means the assessment year relevant to the previous year in which the
undertaking begins such business;]
3[(v) in the case of a multiplex theatre, means the assessment year relevant to the previous
year in which a cinema hall, being a part of the said multiplex theatre, starts operating on a
commercial basis;
(vi) in the case of a convention centre, means the assessment year relevant to the previous
year in which the convention centre starts operating on a commercial basis;]
2[(vii) in the case of an undertaking engaged in operating and maintaining a hospital in a rural
area, means the assessment year relevant to the previous year in which the undertaking begins to
provide medical services;]
(d) “North-Eastern Region” means the region comprising the States of Arunachal Pradesh,
Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura;
3[(da) “multiplex theatre” means a building of a prescribed area, comprising of two or more
cinema theatres and commercial shops of such size and number and having such other facilities and
amenities as may be prescribed;]
(e) “place of pilgrimage” means a place where any temple, mosque, gurdwara, church or other
place of public worship of renown throughout any State or States is situated;
(f) “rural area” means any area other than—
(i) an area which is comprised within the jurisdiction of a municipality (whether known as a
municipality, municipal corporation, notified area committee, town area committee or by any
other name) or a cantonment board and which has a population of not less than ten thousand
according to the preceding census of which relevant figures have been published before the first
day of the previous year; or
(ii) an area within such distance not being more than fifteen kilometres from the local limits
of any municipality or cantonment board referred to in sub-clause (i), as the Central Government
may, having regard to the stage of development of such area including the extent of, and scope
for, urbanisation of such area and other relevant considerations specify in this behalf by
notification in the Official Gazette;
(g) “small-scale industrial undertaking” means an industrial undertaking which is, as on the last
day of the previous year, regarded as a small-scale industrial undertaking under section 11B of the
Industries (Development and Regulation) Act, 1951 (65 of 1951).
re-lettered as clause
thereof by Act 23 of 2004, s. 18 (w.e.f. 12005).
401
in the case of a company carrying on scientific and industrial research and development,
means the assessment year relevant to the previous year in which the company is approved by the
prescribed authority for the purposes of sub-section
in the case of an undertaking engaged in the business of commercial production or
refining of mineral oil referred to in sub-section
in the case of an undertaking engaged 2[in the business of processing, preservation and
packaging of fruits or vegetables or] in the integrated business of handling, storage and
transportation of foodgrains, means the assessment year relevant to the previous year in which the
undertaking begins such business;]
3[
in the case of a multiplex theatre, means the assessment year relevant to the previous
year in which a cinema hall, being a part of the said multiplex theatre, starts operating on a
commercial basis;
in the case of a convention centre, means the assessment year relevant to the previous
year in which the convention centre starts operating on a commercial basis;]
2[
in the case of an undertaking engaged in operating and maintaining a hospital in a rural
area, means the assessment year relevant to the previous year in which the undertaking begins to
provide medical services;]
“North-Eastern Region” means the region comprising the States of Arunachal Pradesh,
Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura;
3[
“multiplex theatre” means a building of a prescribed area, comprising of two or more
cinema theatres and commercial shops of such size and number and having such other facilities and
amenities as may be prescribed;]
“place of pilgrimage” means a place where any temple, mosque, gurdwara, church or other
place of public worship of renown throughout any State or States is situated;
“rural area” means any area other than—
an area which is comprised within the jurisdiction of a municipality (whether known as a
municipality, municipal corporation, notified area committee, town area committee or by any
other name) or a cantonment board and which has a population of not less than ten thousand
according to the preceding census of which relevant figures have been published before the first
day of the previous year; or
an area within such distance not being more than fifteen kilometres from the local limits
of any municipality or cantonment board referred to in sub-clause
“small-scale industrial undertaking” means an industrial undertaking which is, as on the last
day of the previous year, regarded as a small-scale industrial undertaking under section 11B of the
Industries (Development and Regulation) Act, 1951 (65 of 1951).