Section 80-IAB exclusion bars developers whose SEZ development began after the amendment date from claiming the tax deduction. The amendment inserts a proviso excluding developers from the deduction under section 80-IAB where development of a Special Economic Zone begins on or ... Summary
Section 80-IAB exclusion bars developers whose SEZ development began after the amendment date from claiming the tax deduction.
The amendment inserts a proviso excluding developers from the deduction under section 80-IAB where development of a Special Economic Zone begins on or after the effective commencement, establishing a temporal cutoff for eligibility.
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