Doing Business in India - RSM Austria

Sr.
No.
xvi
Nature of activity and location
agglomerations of Greater
Mumbai, Delhi, Kolkata, Chennai,
Hyderabad, Bangalore and
Ahmedabad, the districts of
Faridabad, Gurgaon, Ghaziabad,
Gautam Budh Nagar, Gandhinagar
and the city of Secunderabad.
The said tax benefit is available to a
hospital, which is constructed and
has started or starts functioning at
any time during the period
beginning 1 April 2008 and ending
on 31 March 2013.
New undertakings and enterprises,
which begins to manufacture or
produce any article or commences any
operation specified or undertakes
substantial expansion of existing
undertakings and enterprises located
in the states of
I f l o c a te d i n S i k k i m , t h e
undertaking, which begins to
manufacture or produce any
article or commences any
o p e r a t i o n o r u n d e r t a k e s
substantial expansion during the
period beginning from 23
December 2002 to 31 March 2007.
If located in Himachal Pradesh and
Uttaranchal, the undertaking,
which begins to manufacture or
produce or undertakes substantial
expansion during the period
beginning from 7 January 2003 to
31 March 2012.
If located in North Eastern States*,
the undertaking, which begins to
manufacture or produce or
undertakes substantial expansion
during the period beginning from
24 December 1997 to 31 March
2007.
List of articles and products
entitled / not entitled for such
deduction have been prescribed.
* - States of Assam, Tripura,
Meghalaya, Mizoram, Nagaland,
Manipur and Arunachal Pradesh
Type of Quantum of
organization exemption
Others 100%
25%
Number of
years
All 100% First 10 years
Company 100%
30%
First 5 years
Next 5 years
First 5 years
Next 5 years
All 100% First 10 years
DOING BUSINESS IN INDIA 111