Moving from STP to SEZ, Other Topics

[KR Ramesh]

Hi

Can any body advice if an existing STP Unit be moved to SEZ area and get the Income Tax exemption as per 80IA? If yes,

1) What are the condition to be fulfilled?

2) For how long the Income Tax Benefit would be available?

3) How the Tax benefit are being allocated?

Many thanks in advance

Regards

Ramesh

Posts / Replies

[pradeep khatri]

Since the SUNSET clause has been extended for next one year .  You will be able to reap the benefits of exemptions as stipulated in the Income Tax Act.