Amendment of section 10AA.

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.... assessee who does not furnish a return of income on or before the due date specified under sub-section (1) of section 139."; (b) after sub-section (4), the following shall be inserted, namely:-- '(4A) This section applies to a Unit, if the proceeds from sale of goods or provision of services is received in, or brought into, India by the assessee in convertible foreign exchange, within a perio....

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....xchange" shall have the meaning assigned to it in clause (ii) of the Explanation 2 to section 10A; (ia) "export turnover" means the consideration in respect of export by the undertaking, being the Unit of articles or things or services received in, or brought into, India by the assessee in convertible foreign exchange in accordance with the provisions of sub-section (4A), but does not include fr....

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....s (Relaxation and Amendment of Certain Provisions) Act, 2020 and is allowed in the manner specified therein. The claiming of deduction under the said section for Units established in Special Economic Zone is time bound as it is available to only those Units which begin to manufacture or produce articles or things or provide any services on or after 1st April, 2005 but before 1st April, 2020. It ....