Sikkim Included Under Section 80-IE Tax Deductions for North-East Industrial Undertakings: CBDT
Sikkim Included Under Section 80-IE Tax Deductions for North-East Industrial Undertakings: CBDT
The Central Board of Direct Taxes (CBDT) has issued a corrigendum to its earlier notification (G.S.R. 279(E), dated April 30, 2025), officially extending the benefits under Section 80-IE of the Income Tax Act to industrial undertakings located in Sikkim, thereby completing the North-Eastern regional coverage.
This update by the Central Board of Direct Taxes (CBDT) amends Schedule 80-IE to include a new entry “ah” for Sikkim. Two categories of undertakings—ah1 and ah2—have been added to Form 10CCB, enabling them to claim tax deductions applicable to new industrial undertakings established in the North-Eastern states.
Section 80-IE offers significant tax deductions to promote industrial growth in these regions. With this amendment, the following states now benefit from the provision: Assam, Arunachal Pradesh, Manipur, Mizoram, Meghalaya, Nagaland, Tripura, and Sikkim.
This inclusion is expected to bolster industrial development in Sikkim and bring parity among all North-Eastern states in terms of central tax incentives.
The amendment is effective immediately, and the revised schedule will be applicable for filings made using the updated Form 10CCB.
Notification Details
Notification No. 50/2025
Date: 29/05/2025
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