Tribunal held that benefit of exemption from MAT is provided only for business, as specified, carried on by persons who had got approvals under SEZ Act and which were carried on in SEZ or units therein. Accordingly the  assessee which is engaged in development of housing project units which were neither units in SEZ nor assessee was developer of SEZ, its income would not be exempt from payment of MAT. S. 115JB is charging section and except for deductions specified in Explanation 1 to section 115JB(2), no other deductions would be allowed. (AY. 2008-09, 2009-10, 2010-11, 2012-13]