Exemption u/s 80IAB

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..... For SEZ Developer a) Interest Income ie., Accrued interest received from BG created b)Divedend income on Short term Investmentin Mutual Funds, c) Loss/gain on derivative related to material purchases, .....

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..... d) Miselleneous income like scrap sale would form a part of Income from Authorised Operation and be exempt u/s. 80IAB. Latha - Reply By Mukesh Kumar - The Reply = If the income forming part of tota .....

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..... l income qualified the term "profits and gains derived from such business" you can claim exemption u/s 80IAB as a developers of SEZ. I doubt that dividend income, derivative transactions would quali .....

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..... fy the condition of business profit from SEZ operation. However, i agree with the element of sale of wastage or scrap generated out of SEZ development operation will be eligible for exemption. - Exem .....

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..... ption u/s 80IAB - Query Started By: - Latha Rajan Dated:- 25-6-2009 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Manag .....

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..... ement India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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