Beware!Benefit stops on 1/4/2010 for 100 % Export oriented units u/s 10B-Part I

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Under Section 10B of the I T Act ,100 % export-oriented undertaking gets very substantial amount of exemption from tax on its profits for a period of 10 consecutive assessment years beginning with the assessment year in which the undertaking begins to manufacture or production allowed from the total income of the assessee .No deduction…

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