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Section 10A - Special provisions in respect of newly established undertakings in free trade zone, etc.

Income Tax - Export Oriented Units (EOU) / Special Economic Zone (SEZ) / Export Promotion Schemes - 01 - SEC - 10A: SPECIAL PROVISIONS IN RESPECT OF NEWLY ESTABLISHED UNDERTAKINGS IN FREE TRADE ZONE, ETC. As per the provisions of this section, deduct .....

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duce articles or things or computer software. NOTES:- Where an undertaking located in any free trade zone and subsequently located in special economic zone by reason of conversion, then the period of 10 consecutive AYs shall be reckoned from the AY r .....

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ins derived by an undertaking from the export of such articles or things or computer software. No deduction shall be allowed for the AY beginning from 1-4-2012 For units which have begun on or after AY 2003-04: The deduction is 100% for first 5 years .....

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thereto:- (i) the amount credited should be utilised for the purpose of acquiring new machinery or plant which is first put to use before the expiry of a period of three years next following the previous year in which the reserve was created; and (i .....

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t outside India failing which the unutilized or wrongly utilized reserve would be deemed income as per the provisions of the Act and the Rules. No deduction under this section shall be allowed to an assessee who does not furnish a return of his incom .....

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sed. (iii) Sale proceeds should be brought in convertible forex within 6 months from the end of P.Y. (iv) Report in Form No.56F, along with the return of income COMPUTATION OF PROFITS Profits of the business of the undertaking X Export Turnover &divi .....

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in sub-section (1) of Section 72 or sub­section (1) or sub-section (3) of Section 74, in so far as such loss relates to the business of the undertaking, shall be carried forward or set off where such loss relates to any of the relevant assessmen .....

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and been actually allowed the deduction in respect of depreciation for each of the relevant assessment year. The provisions of this section does not apply to any undertaking, being a Unit referred to in clause (zc) of section 2 of the Special Econom .....

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