https://www.taxtmi.com/circulars?id=5110 Where a unit located in an EPZ/EOU/STP produces software and exports it, development of the software at the client's premises does not disqualify the unit from the five year tax holiday, provided the software is a product of the unit and the statutory conditions are fulfilled. The 1993 Explanation that produce includes computer programmes is clarificatory and does not withdraw benefits from software exporters in EPZs/EOUs for years prior to the amendment. en-us Wed, 23 Nov 1994 00:00:00 +0530 Sat, 09 Aug 2008 14:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5110 Where a unit located in an EPZ/EOU/STP produces software and exports it, development of the software at the client's premises does not disqualify the unit from the five year tax holiday, provided the software is a product of the unit and the statutory conditions are fulfilled. The 1993 Explanation that produce includes computer programmes is clarificatory and does not withdraw benefits from software exporters in EPZs/EOUs for years prior to the amendment. Circulars Income Tax Wed, 23 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5110