10 b

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Querist : Anonymous

Querist : Anonymous (Querist)

08 November 2011 if a manufacturing unit has been converted into a 100% eou in 2003 and the unit actually was established in the year 1999, but started sales only during the year 2001, up to which year it can claim exemption under 10 B

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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09 November 2011 Presently if it is claiming deduction then it can claim this deduction up to tenth consecutive assessment year. And not beyond AY 2011-12.
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The Deduction starts from the year in which the undertaking started to manufacture articles or things.

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Querist : Anonymous

Querist : Anonymous (Querist)

13 November 2011 Thank you Very much for the advise

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