I wanted to ask is there any exemption of income tax on export of software services? I have registered a company and many of my clients are based outside india. What are the ways software companies can get excemption on income tax doing just export.
03 January 2021
100% Income Tax exemption on export income for SEZ units under Section 10AA of the Income Tax Act for first 5 years, 50% for next 5 years thereafter and 50% of the ploughed back export profit for next 5 years.