https://www.taxtmi.com/acts?id=7817 A statutory provision allows a full deduction of profits and gains for eligible undertakings in specified North Eastern States for ten consecutive assessment years beginning with the initial assessment year. It applies to new manufacturing, substantial expansion, or specified eligible businesses begun within the defined period, subject to conditions barring splits, transfers of used machinery and exclusions for certain goods and activities. The section disallows concurrent deductions under listed provisions and adopts applicable procedural provisions from section 80 IA. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 19 Jan 2008 22:45:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=7817 A statutory provision allows a full deduction of profits and gains for eligible undertakings in specified North Eastern States for ten consecutive assessment years beginning with the initial assessment year. It applies to new manufacturing, substantial expansion, or specified eligible businesses begun within the defined period, subject to conditions barring splits, transfers of used machinery and exclusions for certain goods and activities. The section disallows concurrent deductions under listed provisions and adopts applicable procedural provisions from section 80 IA. Act-Rules F. Acts / Amendment Acts Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=7817