provisions of section 10B - Sub-section (5);
iv. Where the assessee avails of the benefits of section 10A or section
10B , it will ... free trade zones, will continue to enjoy tax exemption under
section 10A and section 10AA respectively. The still worse position is that the
appellant would
zones,
would continue to enjoy tax exemption under section 10A of the Act and
section 10AA of the Act respectively. The assessee was allowed exemption ... free trade
zones, will continue to enjoy tax exemption under section 10A and section 10AA
respectively. The still worse position is that the appellant would
income from
which is subject to exemption u/s.10A and section 10AA respectively. The following
incomes, however, were excluded by the Assessing Officer ... that in the case of the other. Secondly, in our view, section
10AA would, in view of sub- section 10AA(7) thereof, also stand
course of hearing the ld.AR drawn out
attention to section 10AA in IT Act granting
tax benefits to SEZ (Special Economic Zone)
units
course of hearing the
ld.AR drawn out attention to section 10AA
in IT Act granting tax benefits to SEZ
(Special Economic Zone) units
correctly come to the conclusion about non grant of deduction u/s 10B . He further contended that question of verification of export realization and other ... claim in his return of income for any deduction under section 10A or section 10AA or section 10B or section 10BA or under any provision
plain reading of
provisions of section 10B as a whole and specifically sub-section (3)
of section 10B , it becomes clear that assessee will ... similar sections
conferring the benefit of deduction of profits. For ready reference, they are
shown in the following table.
Sec. 10A Expln. Sec. 10AA Expln
final assessment order under section 143(3) r.w.s. 144C of
the Act and computed the adjustment under section 92CA ... also held by the Assessing Officer that no deduction under
section 10A or section 10AA or section 10B or under Chapter VIA shall
be allowed
explained/defined by four provisions,
namely, the Explanations to ss. 10A , 10AA , 10B and 80HHC of the
Act. Be it noted ... 2013
M/s. Indus Medicare Private Limited,
Hyderabad
Sec. 10A Sec. 10AA Sec. 10B Sec. 80HHC
Expln. 2(iv) Expln. 1 (i) Expln
Finance Act 2003, sub-sections (9) and 9A of
Section 10B were both deleted. Similar changes were also made in
Section ... paragraph (iv) it has been observed:-
―(iv) WHETHER TAX BENEFITS UNDER
SECTIONS 10A, 10AA AND 10B WOULD
CONTINUE TO REMAIN AVAILABLE IN
CASE
