Section 10 A and 10 AA & trading activity
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 December 2010
Dear Members,
We have a unit in an Kochine SEZ area which was set up in 2001. We are into
trading activity. We import goods from outside India and exported the same outside India without making any physical alteration. I want to know that whether Section 10 A is applicable or section 10AA is applicable of the IT Act and wether trading activity is covered under section 10 A or 10AA
regards,
We have a unit in an Kochine SEZ area which was set up in 2001. We are into
trading activity. We import goods from outside India and exported the same outside India without making any physical alteration. I want to know that whether Section 10 A is applicable or section 10AA is applicable of the IT Act and wether trading activity is covered under section 10 A or 10AA
regards,
19 December 2010
tax relief u/s 10A and 10AA is not allowed for trading activities.
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