Hotel approval criteria for tax benefit expanded; new location and room-cap thresholds govern eligibility under revised rules. The amendment to rule 18BBC adds a sub-rule requiring prescribed authority approval for hotels seeking the industrial tax incentive by setting three conditions: location in a designated incentivised area; aggregate three star and above room counts within the hotel's revenue sub-division not exceeding the prescribed ceiling; and, for places needing tourism infrastructure, prior specification by the Central Government on the Department of Tourism's recommendation.
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Hotel approval criteria for tax benefit expanded; new location and room-cap thresholds govern eligibility under revised rules.
The amendment to rule 18BBC adds a sub-rule requiring prescribed authority approval for hotels seeking the industrial tax incentive by setting three conditions: location in a designated incentivised area; aggregate three star and above room counts within the hotel's revenue sub-division not exceeding the prescribed ceiling; and, for places needing tourism infrastructure, prior specification by the Central Government on the Department of Tourism's recommendation.
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