Eligibility of industrial parks for tax benefits set by operational start date and central approval requirement. Rule 18C conditions eligibility of industrial parks for tax benefits: the undertaking must commence operations within the specified commencement window, obtain approval by the Ministry of Industry under the notified industrial park scheme, and continue to fulfil the scheme's conditions; on such approval the Central Board of Direct Taxes will notify industrial parks as eligible for benefits.
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.
Eligibility of industrial parks for tax benefits set by operational start date and central approval requirement.
Rule 18C conditions eligibility of industrial parks for tax benefits: the undertaking must commence operations within the specified commencement window, obtain approval by the Ministry of Industry under the notified industrial park scheme, and continue to fulfil the scheme's conditions; on such approval the Central Board of Direct Taxes will notify industrial parks as eligible for benefits.
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