Date:04/03/2007 URL: http://www.thehindu.com/2007/03/04/stories/2007030417390300.htm

Andhra Pradesh - Hyderabad

`Tax holiday will affect IT sector'

Special Correspondent

HYDERABAD: V.P. Jauhari, Chief Commissioner of Income Tax, said that the discontinuance of tax holiday and levy of Minimum Alternative Tax following the recent Union Budget would adversely affect the software industry in the country. He was addressing a post-budget meeting organised by FAPCCI.