Approval procedure for industrial park notification requires prescribed IPS I application and central processing with interagency reports. An undertaking that develops, operates, or maintains an industrial park must apply in the prescribed form IPS I to the designated tax secretariat; the Central Board of Direct Taxes will process the application for Central Government notification and may obtain reports from other departments or agencies as it deems fit.
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Provisions expressly mentioned in the judgment/order text.
Approval procedure for industrial park notification requires prescribed IPS I application and central processing with interagency reports.
An undertaking that develops, operates, or maintains an industrial park must apply in the prescribed form IPS I to the designated tax secretariat; the Central Board of Direct Taxes will process the application for Central Government notification and may obtain reports from other departments or agencies as it deems fit.
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