SEZ
This query is : Resolved
07 September 2009
Please let me know..
If a software unit is
shifted to SEZ,
is eligible for tax deduction...?
Experts...
Please clear...
If a software unit is
shifted to SEZ,
is eligible for tax deduction...?
Experts...
Please clear...
08 September 2009
Section 10AA has been inserted for concessions to newly established units in SEZ
"Shifted" means the unit is not New.
Secondly, the exemption is allowable from the date of production. Restriction of transfer of old plant & Machinery(Computers)
is also a hurdle. It is therefore, more beneficial to set a new software unit.
A unit has to obtain letter of approval by the Development Commissioner to set a unit in a SEZ. You may get more details from them.
"Shifted" means the unit is not New.
Secondly, the exemption is allowable from the date of production. Restriction of transfer of old plant & Machinery(Computers)
is also a hurdle. It is therefore, more beneficial to set a new software unit.
A unit has to obtain letter of approval by the Development Commissioner to set a unit in a SEZ. You may get more details from them.
09 September 2009
Thank u paras bai..
But for a software unit does not get space in SEZ and now got it..
Are they to forego the benefits of SEZ..
or
any alternate options available..
please advise
But for a software unit does not get space in SEZ and now got it..
Are they to forego the benefits of SEZ..
or
any alternate options available..
please advise
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