Tax credit certificates: relocation of public company industrial undertakings requires ownership, notified urban origin, prior approval, and public purpose. Section 280ZA entitles issuance of tax credit certificates when a public company shifts a notified urban industrial undertaking with prior Board approval; eligibility requires public company ownership, location in a Central Government notified urban area, application in Form No. 1 under the Scheme, prior Board approval before commencement, and that the shift serve a public purpose.
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.
Tax credit certificates: relocation of public company industrial undertakings requires ownership, notified urban origin, prior approval, and public purpose.
Section 280ZA entitles issuance of tax credit certificates when a public company shifts a notified urban industrial undertaking with prior Board approval; eligibility requires public company ownership, location in a Central Government notified urban area, application in Form No. 1 under the Scheme, prior Board approval before commencement, and that the shift serve a public purpose.
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