Clarification for claiming Deduction u/s 10A/10AA on Transfer of Technical Manpower to SEZ

As per circular 14/2014 , it has now been decided that the transfer or re-deployment of technical manpower from existing unit(s) to a new unit located in SEZ in the first year of commencement of business shall not be construed as splitting up or reconstruction of an existing business, provided the number of technical manpower so transferred as at the end of the financial year does not exceed 50 percent of the total technical manpower ( Earlier it was 20%) actually engaged in development of software or IT enabled products in the new unit.

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