MAT

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HARESH (Querist)
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03 May 2010 HI ALL..

CAN ANYONE TELL ME IS MAT APPLICABLE ON SEZ UNITS. AND IF YES THEN AT WHAT RATE AND HOW MUCH YEAR IT CAN BE EXTENED. I WANT INFORMATION ON F.Y 2009-2010 BASIS.

THANKS ALL.

PLEASE REPLY

HARESH

HARESH (Querist)
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03 May 2010 I THINK ANS IS NO.BUT STILL I WAANA CONFIRM FROM ALL FRIENDS

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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03 May 2010 YES. 115JB WILL NOT BE APPLICABLE IN RESPECT OF INCOME ACCRUED OR ARISING AFTER 31 MARCH,2005 FROM ANY BUSINESS CARRIED ON, OR SERVICES RENDERED BY AN ENTREPRENEUR OR A DEVELOPER, IN A UNIT OF SPECIAL ECONOMIC ZONE, AS THE CASE MAY BE.

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