https://www.taxtmi.com/acts?id=3157 A limited-period tax deduction is allowed for profits from export of goods or computer software by newly established undertakings in specified export-promoting zones, subject to location and formation eligibility, repatriation of export proceeds in convertible foreign exchange, and procedural compliance. For special economic zone units a staged deduction applies with an option to credit part of profit to a Special Economic Zone Re-investment Allowance Reserve Account for prescribed reinvestment purposes; misuse or non utilisation of the reserve results in the amounts being deemed profits. Export-attributable profit is determined by the ratio of export turnover to total turnover, and transitional and anti-avoidance adjustments affect depreciation, loss carryforwards and other incentives. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 11 Sep 2025 12:42:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3157 A limited-period tax deduction is allowed for profits from export of goods or computer software by newly established undertakings in specified export-promoting zones, subject to location and formation eligibility, repatriation of export proceeds in convertible foreign exchange, and procedural compliance. For special economic zone units a staged deduction applies with an option to credit part of profit to a Special Economic Zone Re-investment Allowance Reserve Account for prescribed reinvestment purposes; misuse or non utilisation of the reserve results in the amounts being deemed profits. Export-attributable profit is determined by the ratio of export turnover to total turnover, and transitional and anti-avoidance adjustments affect depreciation, loss carryforwards and other incentives. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3157