TaxTMI 
TaxTMI 
CBDT notifies 7 districts of Andhra Pradesh for availing tax incentives under the Income-tax Act
X X X X Extracts X X X X
X X X X Extracts X X X X
....BDT notifies 7 districts of Andhra Pradesh for availing tax incentives under the Income-tax Act <br>News and Press Release<br>Dated:- 1-10-2016<br><BR>Under the Andhra Pradesh Re-organisation Act, 201....
X X X X Extracts X X X X
X X X X Extracts X X X X
....4 the Government of India is extending special assistance to four districts of Rayalseema and three districts of North coastal Region of Andhra Pradesh. To further boost the industrial activities, the....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... CBDT has notified these seven districts for availing tax incentives under section 32(1)(iia) and section 32AD of the Income-tax Act. Accordingly, any manufacturing undertaking set up during the per....
X X X X Extracts X X X X
X X X X Extracts X X X X
....iod from 01.04.2015 to 31.03.2020 in these districts of Andhra Pradesh is eligible for 15% of higher additional depreciation and 15% of investment allowance on the cost of plant and machinery acquired....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... by it during the said period. The 7 districts of Andhra Pradesh notified as backward areas vide Notification in S.O.3075 (E) dated 28.09.2016 are: 1. Anantapur 2. Chittoor 3. Cuddapah 4. K....
X X X X Extracts X X X X
X X X X Extracts X X X X
....urnool 5. Srikakulam 6. Vishakhapatnam 7. Vizianagaram The aforesaid incentives are in addition to other tax benefits available under the Income-tax Act. The above Notification is available on....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... the website incometaxindia.gov.in.<BR> News - Press release - PIB....