Income Tax Act, 2025
Section 1: Ins. by Act 18 of 2008, s. 19 (w.e.f. 12009).
1. Ins. by Act 18 of 2008, s. 19 (w.e.f. 12009).
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1[80-IE. Special provisions in respect of certain undertakings in North-Eastern States.—(1)
Where the gross total income of an assessee includes any profits and gains derived by an undertaking, to
which this section applies, from any business referred to in sub-section (2), there shall be allowed, in
computing the total income of the assessee, a deduction of an amount equal to hundred per cent of the
profits and gains derived from such business for ten consecutive assessment years commencing with the
initial assessment year.
(2) This section applies to any undertaking which has, during the period beginning on the 1st day of
April, 2007 and ending before the 1st day of April, 2017, begun or begins, in any of the North-Eastern
States,—
(i) to manufacture or produce any eligible article or thing;
(ii) to undertake substantial expansion to manufacture or produce any eligible article or thing;
(iii) to carry on any eligible business.
(3) This section applies to any undertaking which fulfils all the following conditions, namely:—
(i) it is not formed by splitting up, or the reconstruction, of a business already in existence:
Provided that this condition shall not apply in respect of an undertaking which is formed as a
result of the re-establishment, reconstruction or revival by the assessee of the business of any such
undertaking as referred to in section 33B, in the circumstances and within the period specified in the
said section;
(ii) it is not formed by the transfer to a new business of machinery or plant previously used for
any purpose.
Explanation.—The provisions of Explanations 1 and 2 to sub-section (3) of section 80-IA shall apply
for the purposes of clause (ii) of this sub-section as they apply for the purposes of clause (ii) of that
sub-section.
(4) Notwithstanding anything contained in any other provision of this Act, in computing the total
income of the assessee, no deduction shall be allowed under any other section contained in Chapter VIA
or in section 10A or section 10AA or section 10B or section 10BA, in relation to the profits and gains of
the undertaking.
(5) Notwithstanding anything contained in this Act, no deduction shall be allowed to any undertaking
under this section, where the total period of deduction inclusive of the period of deduction under this
section, or under section 80-IC or under the second proviso to sub-section (4) of section 80-IB or
under section 10C, as the case may be, exceeds ten assessment years.
(6) The provisions contained in sub-section (5) and sub-sections (7) to (12) of section 80-IA shall, so
far as may be, apply to the eligible undertaking under this section.
Where the gross total income of an assessee includes any profits and gains derived by an undertaking, to
which this section applies, from any business referred to in sub-section
This section applies to any undertaking which has, during the period beginning on the 1st day of
April, 2007 and ending before the 1st day of April, 2017, begun or begins, in any of the North-Eastern
States,—
to manufacture or produce any eligible article or thing;
to undertake substantial expansion to manufacture or produce any eligible article or thing;
to carry on any eligible business.
This section applies to any undertaking which fulfils all the following conditions, namely:—
it is not formed by splitting up, or the reconstruction, of a business already in existence:
Provided that this condition shall not apply in respect of an undertaking which is formed as a
result of the re-establishment, reconstruction or revival by the assessee of the business of any such
undertaking as referred to in section 33B, in the circumstances and within the period specified in the
said section;
it is not formed by the transfer to a new business of machinery or plant previously used for
any purpose.
Explanation.—The provisions of Explanations 1 and 2 to sub-section
of section 80-IA shall apply
for the purposes of clause
of this sub-section as they apply for the purposes of clause
of that
sub-section.
Notwithstanding anything contained in any other provision of this Act, in computing the total
income of the assessee, no deduction shall be allowed under any other section contained in Chapter VIA
or in section 10A or section 10AA or section 10B or section 10BA, in relation to the profits and gains of
the undertaking.
Notwithstanding anything contained in this Act, no deduction shall be allowed to any undertaking
under this section, where the total period of deduction inclusive of the period of deduction under this
section, or under section 80-IC or under the second proviso to sub-section
of section 80-IB or
under section 10C, as the case may be, exceeds ten assessment years.
The provisions contained in sub-section
and sub-sections
to
of section 80-IA shall, so
far as may be, apply to the eligible undertaking under this section.