Special Economic Zone designation triggers income tax treatment when notified by central government in the Official Gazette. The definition of a Special Economic Zone for income tax purposes is that the Central Government may specify a zone as an SEZ by notification in the ... Summary
Special Economic Zone designation triggers income tax treatment when notified by central government in the Official Gazette.
The definition of a Special Economic Zone for income tax purposes is that the Central Government may specify a zone as an SEZ by notification in the Official Gazette, making formal government notification the operative mechanism for conferring SEZ status under the Income Tax Act.
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