Section 10AA of ITA, 1961 – Section 10Aa: Special Provisions In R

The Income-tax Act, 1961

(1) 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, from his Unit, who begins to manufacture or produce articles or things or provide any services during the previous year relevant to any assessment year commencing on or after the 1st day of April, 2006, a deduct

Explanation using examples

Imagine a company, XYZ Pvt Ltd, which has set up a software development unit in a Special Economic Zone (SEZ) in the financial year 2021-22. As per Section 10AA of

Section 10AA of ITA, 1961 : Section 10Aa: Special Provisions In Respect Of Newly Established Units In Special Economic Zones

Bare Act

Simplified Act

Explanation using examples

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