Deduction u/s 10AA available on trading activities from SEZ

ACIT Vs Bytescale Technologies Private Limited (ITAT Mumbai)

ITAT Mumbai held that activities of import of goods for re-export (i.e. trading activities) falls within the meaning of service defined u/s 2(z) of SEZ Act and accordingly the profits and gains derived from such services rendered from SEZ would be eligible for deduction u/s. 10AA of the Income Tax Act.

Facts- The assessee company is engaged in import and re-export of goods. The assessee is carrying out its trading activities from SEZ for Fre

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