SEZ-Co-Developer - exemption

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..... SEZ-Co-Developer - exemption
Query (Issue) Started By: - dinesh more Dated:- 7-5-2009 Last Reply Date:- 7-5-2009 Income Tax
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Income Tax
Is SEZ-Co-Developer eligible for Income .....

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..... Tax exemption Reply By Mukesh Kumar: The Reply: Yes, co-developer in SEZ are eligible for income tax benefit. Explanation to section 80IB states that: "Explanation.--For the purposes of this section .....

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..... , "Developer" and "Special Economic Zone" shall have the same meanings respectively as assigned to them in clauses (g) and (za) of section 2 of the Special Economic Zones Act, 2005". Further section 2 .....

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..... (g) of SEZ states that, "(g) "Developer" means a person who, or a State Government which, has been granted by the Central Government a letter of approval under sub-section (10) of section 3 and includ .....

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..... es an Authority and a Co-Developer;"
Discussion Forum - Knowledge Sharing .....

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