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Section 10AA of Income Tax Act 1961- Special provisions in respect of newly established Units in Special Economic Zones. Section 10AA(1) of Income Tax Act 1961 Subject to the provisions of this section, in computing the total income of an assessee, being an entrepreneur as referred to in clause (j) of section 2 of the Special Economic Zones Act, 2005 (28 of 2005), from his Unit, who begins to…

Section 10A of Income Tax Act 1961- Special provision in respect of newly established undertakings in free trade zone, etc. Section 10A(1) of Income Tax Act 1961 Subject to the provisions of this section, a deduction of such profits and gains as are derived by an undertaking from the export of articles or things or computer software for a period of ten consecutive assessment years beginning…