Non automatic approval: Empowered Committee reviews industrial park proposals and grants discretionary approval subject to statutory compliance. Applications for industrial park proposals not eligible for automatic approval must be placed before an Empowered Committee constituted by the Central Government, comprising senior departmental and tax officials, a State representative and a Member Secretary, with the power to co opt non voting experts. The Committee considers each application on its merits, requires statutory compliance under the Income tax Act and other laws, may impose case specific conditions, affords a hearing before rejecting proposals, reviews implementation periodically, and adopts procedures to ensure timely decision making.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Non automatic approval: Empowered Committee reviews industrial park proposals and grants discretionary approval subject to statutory compliance.
Applications for industrial park proposals not eligible for automatic approval must be placed before an Empowered Committee constituted by the Central Government, comprising senior departmental and tax officials, a State representative and a Member Secretary, with the power to co opt non voting experts. The Committee considers each application on its merits, requires statutory compliance under the Income tax Act and other laws, may impose case specific conditions, affords a hearing before rejecting proposals, reviews implementation periodically, and adopts procedures to ensure timely decision making.
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