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<h1>Amendment to Income-tax Act Section 10AA Targets Profits from Exports in SEZs, Effective Retrospectively from April 2006</h1> Clause 6 of the Finance Bill, 2010 proposes an amendment to section 10AA of the Income-tax Act, specifically targeting sub-section (7). This amendment aims to make the changes introduced by section 6 of the Finance (No. 2) Act, 2009, effective retrospectively from the assessment year starting April 1, 2006. The amendment modifies the reference from 'assessee' to 'undertaking' concerning profits derived from exports by units in Special Economic Zones. This change will apply from the assessment year 2010-2011 onward, ensuring the provision's retrospective application from April 1, 2010.