Tax credit certificates incentivized shifting industrial undertakings from urban areas; provision subsequently repealed by legislation Section 280ZA provided tax credit certificates as a tax incentive mechanism for shifting industrial undertakings from urban areas, established eligibility ... Summary
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Tax credit certificates incentivized shifting industrial undertakings from urban areas; provision subsequently repealed by legislation
Section 280ZA provided tax credit certificates as a tax incentive mechanism for shifting industrial undertakings from urban areas, established eligibility and issuance linkages to relocation activity, and was later omitted by legislative amendment, removing that mechanism from the Income tax Act.
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