law: Special Economic Zones Act, 2005 
  27. Provisions of Income Tax
  
  Act, 1961 to apply with certain modification in relation to Developers and
  
  entrepreneurs 
  The provisions of the Income Tax Act, 1961
  
  (43 of 1961), as in force for the time being, shall apply to, or in relation
  
  to, the Developer or entrepreneur for carrying on the authorised operations in
  
  a Special Economic Zone or Unit subject to the modifications specified in the
  
  Second Schedule.