https://www.taxtmi.com/notifications?id=7560 The amendment to the Income-tax Rules amends Rule 18C to include Special Economic Zones alongside industrial parks, substitutes the administrative ministry name to the Ministry of Commerce and Industry, and inserts a new sub-rule permitting undertakings to begin development or operation of SEZs within the prescribed notification period, thereby enabling notification of SEZs for developers to qualify for tax-holiday benefits under the income-tax provision; the changes operate retrospectively to the commencement date specified in the amendment. en-us Tue, 23 Jul 2002 00:00:00 +0530 Fri, 18 Jul 2008 15:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=7560 The amendment to the Income-tax Rules amends Rule 18C to include Special Economic Zones alongside industrial parks, substitutes the administrative ministry name to the Ministry of Commerce and Industry, and inserts a new sub-rule permitting undertakings to begin development or operation of SEZs within the prescribed notification period, thereby enabling notification of SEZs for developers to qualify for tax-holiday benefits under the income-tax provision; the changes operate retrospectively to the commencement date specified in the amendment. Notifications Income Tax Tue, 23 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/notifications?id=7560