order dated 23 rd January 2013
passed by the Specified Officer (SEZ) of Customs by which the said
Officer rejected the petitioner's request ... sold in the local market. These clearances by the Special Economic
Zone (`SEZ' for short) unit to the Domestic Tariff Area
processing area of Small Economic Zone (hereinafter referred to as 'SEZ'). On the basis of such approval, the fourth respondent prepared a scheme ... with an intention to let it out to the employees of the SEZ. Accordingly, a lease deed dated 06.04.2015 was executed in favour
regarding deduction under section 10AA of the Act in respect of SEZ
units of the assessee which commenced its operations during earlier years ... relevant assessment year is the fifth year of deduction claimed on SEZ
units under section 10AA of the Act. During the relevant assessment year
Appellant has established 4620 MW power plant in Special
Economic Zone (SEZ) at Mundra, Gujarat in four phases
consisting of four Units ... enacted Special Economic
Zone Act, 2005 (" SEZ Act "). Section 26 of the SEZ Act provides
that every Developer (which includes Co-Developer) shall
Date of conversion of MEPZ 01-01-2003
unit into sez unit
Introduction of section With effect from assessment
10A(1A) by Finance Act, year ... 10AA may be recalled. The special economic
zone act 2005 ('the SEZ Act ) has inserted the above section 10AA into income
profit u/s.115JB of the Act
by reducing profit of the SEZ unit as computed after inclusion of interest income.
However, as stated above ... assessee did not derive any profit from eligible and core
operations of SEZ unit eligible for claim u/s.10AA of the Act and hence
above directions."
The order of the ITAT in case of Evalueserve SEZ (Gurgaon) Pvt. Ltd. for the AY
2010-11 (ITA No. 1467 ... 2015
as in the above case the ITAT has held that Evalueserve SEZ (Gurgaon) Pvt.
Ltd. is not a KPO and is providing only ITeS
established under the provisions of Special Economic Zone,
hence, the provisions of SEZ Act shall prevail over the provisions of the
Income-tax Act . Thus ... long as the undertaking
the assessee-company enjoys the status of SEZ, the provisions of
section 10AA are applicable. Accordingly, the ld.CIT(A) held
types of petroleum products. The assessee has its processing unit in
SEZ and thus it claimed the deduction from the operations carried out therein
(SEZ ... activity of blending of different
oils in the oil tanks situated within SEZ. The assessee for this purpose has hired 7
ITA no.1555
Thanki Bhavan, 2nd Floor,
201, Shiromani Complex,
Rajkot-360 001
3. Dahej SEZ Ltd
Block No.5, 4th Floor
Udyog Bhavan,Sector-11
Gandhinagar ... Government of India
Ministry of Commerce and Industry
Department of Commerce, SEZ Section
Udyog Bhavan, Rafi Marg,
New Delhi-110 001
6. Gujarat Electricity Regulatory
