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    <title>Provisions of Income-tax Act, 1961 to Apply with Certain Modification in Relation to Developers and Entrepreneurs</title>
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    <description>Section 27 directs that the Income-tax Act, 1961 shall apply to Developers and Entrepreneurs carrying on authorised operations in a Special Economic Zone or Unit, subject to the modifications specified in the Second Schedule, thereby importing the general income tax framework into the SEZ context while preserving the SEZ-specific modifications.</description>
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      <description>Section 27 directs that the Income-tax Act, 1961 shall apply to Developers and Entrepreneurs carrying on authorised operations in a Special Economic Zone or Unit, subject to the modifications specified in the Second Schedule, thereby importing the general income tax framework into the SEZ context while preserving the SEZ-specific modifications.</description>
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