Income Tax Act, 2025
Section 7: Ins. by Act 27 of 1999, s. 55 (w.e.f. 11999).
7. Ins. by Act 27 of 1999, s. 55 (w.e.f. 11999).
8. Subs. by Act 29 of 1977, s. 19, for section 80RRA (w.e.f. 11978). Earlier section 80RRA inserted by Act 25 of 1975, s.
17 (w.e.f. 11975).
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to the provisions of this section, be allowed, in computing the total income of the individual, 1[a deduction
from such remuneration of an amount equal to—
(i) sixty per cent. of such remuneration for an assessment year beginning on the 1st day of
April, 2001;
(ii) forty-five per cent. of such remuneration for an assessment year beginning on the 1st day of
April, 2002;
(iii) thirty per cent. of such remuneration for an assessment year beginning on the 1st day of
April, 2003;
(iv) fifteen per cent. of such remuneration 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 sub-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.]
2* * * * *
(2) The deduction under this section shall be allowed—
(i) in the case of an individual who is or was, immediately before undertaking such service, in
the employment of the Central Government or any State Government, only if such service is
sponsored by the Central Government;
(ii) in the case of any other individual, only if he is a technician and the terms and conditions of
his service outside India are approved in this behalf by the Central Government or the prescribed
authority.
Explanation.—For the purposes of this section,—
(a) “foreign currency” shall have the meaning assigned to it in the 3[Foreign Exchange
Management Act, 1999 (42 of 1999)];
(b) “foreign employer” means,—
(i) the Government of a foreign State; or
(ii) a foreign enterprise; or
(iii) any association or body established outside India;
(c) “technician” means a person having specialised knowledge and experience in—
(i) constructional or manufacturing operations or mining or the generation or distribution of
electricity or any other form of power; or
(ii) agriculture, animal husbandry, dairy farming, deep sea fishing or ship building; or
(iii) public administration or industrial or business management; or
(iv) accountancy; or
(v) any field of natural or applied science (including medical science) or social science; or
(vi) any other field which the Board may prescribe in this behalf,
who is employed in a capacity in which such specialised knowledge and experience are actually utilised;
4[(d) “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.]
sixty per cent. of such remuneration for an assessment year beginning on the 1st day of
April, 2001;
forty-five per cent. of such remuneration for an assessment year beginning on the 1st day of
April, 2002;
thirty per cent. of such remuneration for an assessment year beginning on the 1st day of
April, 2003;
fifteen per cent. of such remuneration 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 sub-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.]
2* * * * *
The deduction under this section shall be allowed—
in the case of an individual who is or was, immediately before undertaking such service, in
the employment of the Central Government or any State Government, only if such service is
sponsored by the Central Government;
in the case of any other individual, only if he is a technician and the terms and conditions of
his service outside India are approved in this behalf by the Central Government or the prescribed
authority.
Explanation.—For the purposes of this section,—
“foreign currency” shall have the meaning assigned to it in the 3[Foreign Exchange
Management Act, 1999 (42 of 1999)];
“foreign employer” means,—
the Government of a foreign State; or
a foreign enterprise; or
any association or body established outside India;
“technician” means a person having specialised knowledge and experience in—
constructional or manufacturing operations or mining or the generation or distribution of
electricity or any other form of power; or
agriculture, animal husbandry, dairy farming, deep sea fishing or ship building; or
public administration or industrial or business management; or
accountancy; or
any field of natural or applied science (including medical science) or social science; or
any other field which the Board may prescribe in this behalf,
who is employed in a capacity in which such specialised knowledge and experience are actually utilised;
4[
“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.]