SEZ

This query is : Resolved 

11 January 2011 Dear Experts

My company belong in HP at baddi area Its located in SEZ but we dont have the same certificate, My query is that my company distrubing the profit u/s 115O by way of dividend.If we got the SEZ Certificate so we will be liable for exemption under section 1150

now I have two queries.
Can we avail the SEZ certificate?????
Currently we are using the deducations U/S 80IC so if we get the certificate is there any affect on this section???
Please answeer the same on urgent bases.

03 February 2011 Dear Atul ,

Note that Baddi is Special Industrial Area . It is not SEZ ( Special Economic Zone ) , So you will not get SEZ Benefit at Baddi. To Avail SEZ Benefits you have to be at Special Designated Area as SEZ.



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