Section 54GA - Exemption on CG on shifting of undertaking to SEZ

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Full Text of the Document

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....n area to SEZ. New assets to be purchased or constructed * Purchase / construction of new plant & machinery, land or building in such SEZ, or, * Shifting original asset to that area, or, * Incurring notified expenses Time limit Within 1 year before or 3 years after the date of transfer Condition * The transfer is effected in the course of shifting the undertaking from an urban area to ....