section 54G, Income Tax

[d.v. gupta]

SIR,

WHAT IS MEAN BY RURAL  AND URBAN AREA UNDER SECTION 54 G. IS THERE SPECIFIC LIST OR AS PER MUNICIPAL CORPORATION OF SAID AREA.

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[Surender Gupta]

If you read section 54 carefully, you will find the definition of urban area in the explanation 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 corporation 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 order, declare to be an urban area for the purposes of this sub-section.