EOU TAX BENIFIT ?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 November 2009
HI ALL DEARS
WE HAVE BEEN TAKEN EOU PERMSN FOR NEW UNIT IN YR2009.10 INVESTMNT & MACHINRY ALSO READY. BUT WE NOT STRATED OUR MANUFACTRING STILL. WE NEED KNOW THAT FROM WHICH YEAR EXMPTION WILL TAKE PLACE FOR SAVING OF PROFIT ,OR NOT TO PAY I.TAX ON PRIFIT . WE R IN NOIDA BUT NOT IN EXPORT ZONE. EXEMPTION WILL ALOW FOR WHICH PERIOD TO WHICH YR. IT IS COMPLSURY TO TAKE SALES /PUR. IN THIS YERA OR WE TAKE IN NEXT YEAR SO THAT WE ACN SAVE FULL YEAR, TAX PURPOSE. PLS HELP US ON THIS MATER . ANY SE.I.TAX IS THERE ?
WE HAVE BEEN TAKEN EOU PERMSN FOR NEW UNIT IN YR2009.10 INVESTMNT & MACHINRY ALSO READY. BUT WE NOT STRATED OUR MANUFACTRING STILL. WE NEED KNOW THAT FROM WHICH YEAR EXMPTION WILL TAKE PLACE FOR SAVING OF PROFIT ,OR NOT TO PAY I.TAX ON PRIFIT . WE R IN NOIDA BUT NOT IN EXPORT ZONE. EXEMPTION WILL ALOW FOR WHICH PERIOD TO WHICH YR. IT IS COMPLSURY TO TAKE SALES /PUR. IN THIS YERA OR WE TAKE IN NEXT YEAR SO THAT WE ACN SAVE FULL YEAR, TAX PURPOSE. PLS HELP US ON THIS MATER . ANY SE.I.TAX IS THERE ?
23 November 2009
For eou tax benefit commercial production should be started.
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