https://www.taxtmi.com/manuals?id=1278 Section 10A provided an export-profit deduction for qualifying newly established undertakings, subject to conditions concerning business formation, previously used machinery, receipt of export proceeds in convertible foreign exchange, timely return filing and the prescribed audit report. Specified units were required to create and properly use a Special Economic Zone Reinvestment Allowance Reserve Account. The provision barred overlapping specified profit deductions, contained rules for losses and depreciation, permitted a timely opt-out, and transferred continuing benefit on amalgamation or demerger to the successor entity. It is stated to be inapplicable for assessment year 2012-13 and subsequent years. en-us Tue, 06 Oct 2015 11:26:00 +0530 Fri, 17 Jul 2026 16:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1278 Section 10A provided an export-profit deduction for qualifying newly established undertakings, subject to conditions concerning business formation, previously used machinery, receipt of export proceeds in convertible foreign exchange, timely return filing and the prescribed audit report. Specified units were required to create and properly use a Special Economic Zone Reinvestment Allowance Reserve Account. The provision barred overlapping specified profit deductions, contained rules for losses and depreciation, permitted a timely opt-out, and transferred continuing benefit on amalgamation or demerger to the successor entity. It is stated to be inapplicable for assessment year 2012-13 and subsequent years. Manuals Income Tax Tue, 06 Oct 2015 11:26:00 +0530 https://www.taxtmi.com/manuals?id=1278