Tax holiday under section 10AA in respect of newly established units in SEZ is allowed for a total period of —

CS Executive · Tax Laws and Practice · PYQS · December 2016
Tax holiday under section 10AA in respect of newly established units in SEZ is allowed for a total period of —
(A) 5 Years
(B) 10 Years
(C) 15 Years
(D) 20 Years.

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C). Official source note: Tax holiday under section 10AA in respect of newly established units in SEZ is allowed for a total period of - (A) 5 Years (B) 10 Years (C) 15 Years (D) 20 Years. 62

Topics: Income Tax

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