https://www.taxtmi.com/acts?id=10679 The amendment substitutes sub-section (9) to grant a hundred per cent deduction of profits for seven consecutive assessment years to undertakings that meet specified mineral oil and natural gas production or refining conditions, treats all blocks licensed under a single contract awarded under the New Exploration Licensing Policy as a single undertaking, and inserts time limited eligibility for refining and new natural gas rounds. It also amends sub-section (10) to adjust deadlines and housing-unit allocation conditions with an exception for works contracts, and expands sub-section (11A) to include meat, poultry, marine and dairy processing subject to a proviso excluding prior operators. en-us Tue, 04 Aug 2009 17:20:45 +0530 Sat, 08 Aug 2009 13:20:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10679 The amendment substitutes sub-section (9) to grant a hundred per cent deduction of profits for seven consecutive assessment years to undertakings that meet specified mineral oil and natural gas production or refining conditions, treats all blocks licensed under a single contract awarded under the New Exploration Licensing Policy as a single undertaking, and inserts time limited eligibility for refining and new natural gas rounds. It also amends sub-section (10) to adjust deadlines and housing-unit allocation conditions with an exception for works contracts, and expands sub-section (11A) to include meat, poultry, marine and dairy processing subject to a proviso excluding prior operators. Act-Rules F. Acts / Amendment Acts Tue, 04 Aug 2009 17:20:45 +0530 https://www.taxtmi.com/acts?id=10679