Tax on 100% EOU

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Naga Vamshi Nambi (Querist)
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19 April 2011 we are 100% EOU unit software export unit register in 2009. we have taken 10B income tax exemption for 2 years, i would like to know how Income tax applicable to us after march 2011. we don't have any local business.if tax applicable on export profit at what rate we have to pay tax.

Thanks,
Vamshi

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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19 April 2011 100 per cent Income Tax exemption on export income for SEZ units under Section 10AA of the Income Tax Act for first 5 years, 50 per cent for next 5 years thereafter and 50 per cent of the ploughed back export profit for next 5 years.

you can avail this assesment year.

AFTER DTA PERMISSION YOU CAN AVAIL THE BENEFIT AS WELL AS ANOTHER INCENTIVE AS PER CURRENT FOREIGN TRADE POLICY.

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RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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19 April 2011 FOR MORE INFO:-
http://www.eouindia.gov.in/epces_cieculars/epces_cir_07_019.pdf

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RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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27 April 2011 thank you author,

please also read this file:-

https://www.caclubindia.com/share_files/comprative-incentive-among-sez-eou-and-general-unit--23721.asp

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