Section 36
of Investment Incentives Order, 2001
Section 36
(1)
Where a company engaged in any qualifying activity as defined in section 17
intends to substantially increase the volume of that activity, it may make an application in writing to the Minister to be approved as an expanding service company.
(2)
Where the Minister is satisfied that it is expedient in the public interest to do so, he may approve that company as an expanding service company and issue a certificate to the company, subject to such terms and conditions as he thinks fit.
(3)
Every certificate issued under this section shall specify a date (not earlier than 1st. January, 2001) on or before which the expansion of the qualifying activity shall commence and that date shall be deemed to be the expansion day for the purpose of this Part.
Tax relief period of expanding service company.