Approval to the undertaking being developed and being maintained and operated by M/s Pantheon Infrastructure Pvt. Ltd., Mumbai - 20/2014 - Income Tax Act, 1961
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Rescission of industrial-park recognition nullifies prior tax recognition after withdrawal of scheme approval. The Central Government rescinds the earlier notification recognising M/s Pantheon Infrastructure Pvt. Ltd.'s undertaking at Logitech Park, Andheri, as an Industrial Park for the purposes of the income-tax provision, following withdrawal of Scheme approval by the Ministry of Commerce and Industry, and declares the rescission to have retrospective effect to the date of the original notification.
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Rescission of industrial-park recognition nullifies prior tax recognition after withdrawal of scheme approval.
The Central Government rescinds the earlier notification recognising M/s Pantheon Infrastructure Pvt. Ltd.'s undertaking at Logitech Park, Andheri, as an Industrial Park for the purposes of the income-tax provision, following withdrawal of Scheme approval by the Ministry of Commerce and Industry, and declares the rescission to have retrospective effect to the date of the original notification.
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