[aurangabad_ca] Fw: Sec 10AA (SEZ)

Monday, January 11, 2010 10:06 PM By Livemail

 



--- On Sat, 9/1/10, dharam patel <dharampaca@yahoo.com> wrote:

From: dharam patel <dharampaca@yahoo.com>
Subject: Sec 10 AA (SEZ)
To: "ca aurangabad" <aurangabad_ca@yahoogroups.com>
Date: Saturday, 9 January, 2010, 5:47 PM


Dear All,
 
One of my client has setup/started a new unit in SEZ consist of Seven Partners in F.Y. 2009-10. Now, They wants to admitt one new partner. It is possible to admitt partner into existing firm.
 
Wheter admision of new partner is effected any way to get deduction u/s. 10AA.?
 
 Eligibilty to get deduction u/s. 10AA is that the unit must be new and should not be setup by reconstitution / reorganisation of  the existing unit.
 
In my opinion the frim will get the deduction as the initially the unit setup was new. I just want to confirm it. 
 
Please express views.
 
 
Thanks
 
 
 

 
CA DHARAM PATEL


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