Special provisions in respect of newly established 100% export-oriented undertakings - (Old) Section 10B

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....] Sunset provisions - The deduction under this provision of this section not available from the assessment year 2012-13. The benefit in respect of newly established 100% Export Oriented Units is available to all assessees on Export of Certain Articles or things or software for a period of 10 consecutive AYs beginning with the AY relevant to the previous year in which the undertakin....

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....n of sale proceeds into India within 6 months. • viii. Audit of Books of Accounts. Tax Holiday Period 100% profit from export of such article, thing, software for 10 consecutive assessment years from the assessment year relevant to previous year in which it begun to manufacture. Points to be noted: • No loss referred to in Section 72(1) or Section 74(1) or (....

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....omputer software (including services for development of software) outside India shall be deemed to be the profits and gains derived from the export of computer software outside India. • Provisions relating to amalgamation or demerger: The benefit under this section is not available to the amalgamating or the demerged company for the previous year in which the amalgamation or the demer....