SEZ developer deductions preserved as a transitional protection, applying legacy eligibility and computation rules to ongoing projects. Clause 139 functions as a transitional savings provision preserving deductions for profits and gains from SEZ development by applying the eligibility, ... Summary
SEZ developer deductions preserved as a transitional protection, applying legacy eligibility and computation rules to ongoing projects.
Clause 139 functions as a transitional savings provision preserving deductions for profits and gains from SEZ development by applying the eligibility, computation, and temporal rules of the repealed provision to developers who commenced projects under that earlier regime, thereby maintaining investor expectations and limiting the relief to unexpired periods without creating new entitlements.
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