Exemtion u/s 10A

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A private limited company incorporated on May 2006 was in the field of BPO( 100% export of structural design) in the A.Y 2006-07 and later in february 2007 got registered under Software Technology Park (STPI).Will they get exemtion under section 10A for the A.Y 2007-08

AI Summary

BPO Company Seeks Clarification on Section 10A Exemption for 2007-08; Limited to Post-STPI Registration Activities A private limited company, incorporated in May 2006 and operating in the BPO sector with 100% export of structural design, sought clarification on eligibility for exemption under section 10A for the assessment year 2007-08. The company registered under the Software Technology Park (STPI) in February 2007. The response clarified that the exemption under section 10A would apply only to production activities conducted after the registration date with STPI, not for the entire financial year.