๐๐๐ฑ ๐ข๐ง๐๐๐ง๐ญ๐ข๐ฏ๐๐ฌ ๐๐จ๐ซ ๐ฌ๐๐ญ๐ญ๐ข๐ฉ ๐ฎ๐ฉ ๐๐๐ฆ๐ข-๐๐จ๐ง๐๐ฎ๐๐ญ๐จ๐ซ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐ข๐ง ๐๐ง๐๐ข๐
Government has provided various tax advantages to semi-conductor units for setting up their Companies in India.
One of the major benefit that ๐ฐ๐๐๐๐๐ ๐ป๐๐ ๐จ๐๐, 2025 provides for semi -conductor companies is that deduction shall be allowed for the whole of the capital expenditure incurred by Companies engaged in manufacturing semi-conductor fabrications. The deduction is allowed if operations have been commenced on or after 1 ๐๐ ๐จ๐๐๐๐, 2014.
Where capital expenditure has been incurred before commencement of operations, deduction shall be allowed in the tax year where operations have been commenced.
The said company is required to make an application under ๐ญ๐๐๐ 19 for notifying their Company under ๐๐๐๐๐๐๐ 46 ๐๐ ๐๐๐ ๐จ๐๐ to avail the tax benefits.
๐
๐๐๐ฌ
๐ธ1. ๐พ๐๐ ๐๐ ๐๐๐๐๐๐๐๐
๐๐ ๐๐๐๐ ๐ญ๐๐๐ 19.
๐๐ง๐ฌ๐ฐ๐๐ซ: Form 19 is required to be filed by Companies engaged in manufacturing semi-conductor fabrication.
๐ธ.2. ๐ฐ๐ ๐ญ๐๐๐ 19 ๐๐๐๐
๐๐๐๐๐ ๐๐ ๐๐ ๐๐๐๐๐
๐๐ ๐๐๐๐-๐๐๐๐
๐๐๐๐๐ ๐ช๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐๐๐ ๐๐๐ ๐ช๐๐๐๐๐๐๐๐
๐๐ง๐ฌ๐ฐ๐๐ซ: ๐๐๐ฌ, it is mandatory to file Form 19 to avail tax benefits.
๐ธ.3 ๐พ๐๐๐ ๐๐๐๐
๐๐๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐
๐๐ ๐๐ ๐๐๐๐๐๐๐๐๐
๐๐ ๐๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐?
๐๐ง๐ฌ๐ฐ๐๐ซ: Following Conditions needs to be fulfilled:
โถ๏ธUnit is engaged in manufacturing semi-conductor fabrication.
โถ๏ธThe unit has been approved by the competent authority on the recommendations of the Appraisal Committee under the Modified Special Incentive Package Scheme,
โถ๏ธThe date of commencement of operations is on or after 1 April 2014, and
โถ๏ธAll manufacturing facilities of the unit are located in India
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