https://www.taxtmi.com/news?id=1218 Draft Direct Taxes Code replaces profit linked incentives with investment linked deductions for SEZ developers; grandfathering protects profit linked deductions for SEZs notified before commencement for their unexpired period, while SEZs notified after commencement receive investment linked deductions. The draft introduces Minimum Alternate Tax and Dividend Distribution Tax on SEZ developers and subjects SEZ units to MAT; a revised Discussion Paper restores transitional protection for units commencing operations before a specified cut off date. en-us Tue, 10 Aug 2010 21:51:56 +0530 Tue, 10 Aug 2010 21:51:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1218 Draft Direct Taxes Code replaces profit linked incentives with investment linked deductions for SEZ developers; grandfathering protects profit linked deductions for SEZs notified before commencement for their unexpired period, while SEZs notified after commencement receive investment linked deductions. The draft introduces Minimum Alternate Tax and Dividend Distribution Tax on SEZ developers and subjects SEZ units to MAT; a revised Discussion Paper restores transitional protection for units commencing operations before a specified cut off date. News - Tue, 10 Aug 2010 21:51:56 +0530 https://www.taxtmi.com/news?id=1218