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Exemption U/s 80 IC

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(Querist)
27 February 2011 A Ltd. has set up an industrial Unit and is enjoying Exemption U/s 80 IC since 2005. Now, it is planning to set up another industrial unit at a different place in the N.E region. For how many years the new unit will enjoy exemption?
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
28 February 2011 A new undertaking in North Eastern State could get deduction U/s 80IC had it been established prior to 1st April 2007.

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