Kamal has established in the previous year 2018-19 two industrial undertakings, one in a SEZ and one in a normal DTA. The summarized results for both the Units for previous year 2019-20 are: Item SEZ Normal (DTA) Domesti
CS Executive · Tax Laws and Practice · PYQS · December 2020
Kamal has established in the previous year 2018-19 two industrial undertakings, one in a SEZ and one in a normal DTA. The summarized results for both the Units for previous year 2019-20 are: Item SEZ Normal (DTA) Domestic turnover 100 200 Export turnover 300 0 Gross Profit 75 25 Expenses & Depreciation 15 15 Deduction available under section 10AA of the Act to Kamal in Asst. Year 2020-21 shall be of ₹______.
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Deductions from Gross Total Income
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