Tax holiday

Profit and gains from an industrial undertaking coming under free trade zone or special economic zones from export of articles, things or computer software are exempt.

Refer sec 10A

section 10A has been withdrawn from AY 12-13.

Humour-
Tax Holiday -Means tax is in holyday mood.
It will not come into picture.

Tax Holiday period- When tax enjoys and do not harass to an eligible assessee also, during a certain No. of years as declared in the relevant statute.

Tax Holiday Area- Where Tax enjoys and do not bother the assessee.

TAx Holiday for Students - No student will require to read taxation and then tax and student both will enjoy.