Eligible Business definitions expanded to include innovation-driven startups, cooperative agricultural activities, and specified service and manufacturing enterprises. For income tax incentives, Eligible Business is defined for start ups as businesses engaged in innovation, development or improvement of products, processes or services or operating a scalable business model with high employment or wealth creation potential. Other provisions define eligible business to include cooperative marketing, purchase and processing of members' agricultural produce, and a specified list of service and manufacturing activities such as hotels, adventure and leisure sports, medical and nursing homes, old age homes, vocational and IT training institutes, IT hardware manufacturing, and biotechnology.
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.
Eligible Business definitions expanded to include innovation-driven startups, cooperative agricultural activities, and specified service and manufacturing enterprises.
For income tax incentives, Eligible Business is defined for start ups as businesses engaged in innovation, development or improvement of products, processes or services or operating a scalable business model with high employment or wealth creation potential. Other provisions define eligible business to include cooperative marketing, purchase and processing of members' agricultural produce, and a specified list of service and manufacturing activities such as hotels, adventure and leisure sports, medical and nursing homes, old age homes, vocational and IT training institutes, IT hardware manufacturing, and biotechnology.
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