GST Helpdesk   Subscription   Demo   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

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, deduction of profits and gains as derived by an undertaking from the export of certain articles or things or computer software for a period of 10 consecutive AYs beginning from the AY relevant to the PY in which the undertaking begins to manufacture or pro .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

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 and 50% for next 2 years and next 3 years amount not exceeding 50% of the profits as is debited to the profit and loss account subject to creation of Special Economic Zone Reinvestment Allowance Reserve Account and fulfillment of conditions relating .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

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 income on or before the due date specified u/s 139(1) This section applies to an undertaking which:- (i) not be formed by splitting up or reconstruction of unit already in existence (ii) Should not be formed by transferring machinery or plant previously u .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version