TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Manuals
of of All Manuals
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Section 10AA: Tax Deductions for New SEZ Units Engaged in Exports from 2006-2021 with Compliance Conditions</h1> Section 10AA of the Income Tax Act provides deductions for newly established units in Special Economic Zones (SEZs) engaged in export activities. This deduction applies to individuals, firms, and companies deriving profits from exports or services, effective from April 1, 2006, to March 31, 2021. Essential conditions include the unit not being formed by splitting or reconstructing existing businesses, and export proceeds must be received in convertible foreign exchange within six months. Deductions are tiered over 15 years, starting with 100% for the first five years. Compliance requires filing returns on time and meeting specific conditions for continued eligibility.
TaxTMI 
TaxTMI 
