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.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
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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