Contractor is eligible for Income tax Exemption on profit derived from contractual work perform by him in SEZ on behalf of SEZ Developer.
Exemption eligibility - Income tax
DINESH MORE
Income tax exemption for SEZ contractor profits questioned; eligibility depends on services provided to SEZ developer. Whether an SEZ contractor is eligible for income tax exemption on profit earned from contractual services performed in a Special Economic Zone on behalf of an SEZ developer; respondent requested further factual elaboration and no definitive conclusion is recorded. (AI Summary)
TaxTMI