Interpreting the law with respect to special economic zones and International Financial Services Centre

Special Economic Zone Act, 2005 came into force on June 23, 2005 resulting into insertion of Section 10AA in the Income Tax Act, 1961 w.e.f. February 10, 2006 which provided for various types of tax incentives to the entrepreneurs who manufacture or produce articles or things or provide any service from the new units set up in the Special Economic Zones on or after April 01, 2006.Special Economic Zone Act, 2005 came into force on June 23, 2005 resulting into insertion of Section 10AA in the Income Tax Act, 1961 w.e.f. February 10, 2006 which provided for various types of tax incentives to the entrepreneurs who manufacture or produce articles or things or provide any service from the new units set up in the Special Economic Zones on or after April 01, 2006.taxmann.com Latest ArticlesRead More

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