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Income Tax - Highlights / Catch Notes

Home Highlights January 2021 Year 2021 This

Deduction u/s. 80IAB - developing SEZ by itself is the business ...

Case Laws     Income Tax

January 30, 2021

Deduction u/s. 80IAB - developing SEZ by itself is the business contemplated u/s. 80 IAB of the Act and the SEZ itself provides that the lease rental income generated in the hands of a developer engaged in setting up of the SEZ, is the profits and gains derived from the business of developing a SEZ. - AT

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