LawgistThe Special Economic Zones Act
27Provisions of Income-tax Act, 1961 to apply with certain modification in relation to Developers and entrepreneurs
The provisions of the Income-tax Act, 1961 (43 of 1961), as in force for the time being, shall apply to, or in relation to, the Developer or entrepreneur for carrying on the authorised operations in a Special Economic Zone or Unit subject to the modifications specified in the Second Schedule.
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SPECIAL FISCAL PROVISIONS FOR SPECIAL ECONOMIC ZONES
- 26 Exemptions, drawbacks and concessions to every Developer and entrepreneur
- 27 Provisions of Income-tax Act, 1961 to apply with certain modification in relation to Developers and entrepreneurs
- 28 Duration of goods or services in Special Economic Zones
- 29 Transfer of ownership and removal of goods
- 30 Domestic clearance by Units
