https://clearrmynotice.com/sec....tion-10aa-of-income-

Can certain corporate profits be written off under Section 10AA? Special deductions are available to newly established Special Economic Zone (SEZ) units under Section 10AA of the Indian Income Tax Act. The goal of these incentives is to encourage investment in approved zones, which will further stimulate economic growth. By providing tax advantages to companies that fulfill certain requirements, this section fosters an environment that is favorable for the growth of businesses and the promotion of exports.