In India, Section 2(5) of the Finance (No. 2) Act, 1962 provides for a tax concession in the case of profits derived from the export of goods or merchandise out of India. If the export profits are set off against any losses in the process of computing the total income, no tax concession will be available.
FAQ Categories
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1723216419384-0'); });
Categories:
Legal, Policies, Licence, Governments,
Tax, Subsidies, Schemes