Section 23
of Investment Incentives Order, 2001
ORDERIn forceProvision 23 of 122
Section 23
(1)
The tax relief period of a post-pioneer company shall commence on its commencement day and shall continue for a period not exceeding 6 years as the Minister may determine.
(2)
The Minister may, subject to such terms and conditions as he may impose, extend the tax relief period of a post-pioneer company for such further period or periods as he may determine except that the tax relief period of the company shall not in the aggregate exceed 11 years.
Ascertainment of income in respect of other trade or business.