Exemption eligibility - Income tax

[DINESH MORE]

Contractor is eligible for Income tax Exemption on profit derived from contractual work perform by him in SEZ on behalf of SEZ Developer.

[Mukesh Kumar]

The query in question is not clear. Please elaborate more.

[DINESH MORE]

Profit of SEZ Contractor from the services given to SEZ Developer for development of SEZ.

AI Summary

Eligibility for Income Tax Exemption on Contractor Profits from SEZ Development Work Explored A discussion on a forum revolves around the eligibility for income tax exemption for a contractor deriving profit from contractual work performed in a Special Economic Zone (SEZ) on behalf of an SEZ developer. The initial query seeks clarification on this exemption. A respondent requests further details for clarity, while the original poster reiterates that the profit in question pertains to services provided to the SEZ developer for SEZ development.