Industrial park approval grants conditional tax deduction eligibility subject to compliance with allocation, unit and reporting requirements. Notification approves M/s Devraj Infrastructures Ltd.'s industrial park commencing 5th September, 2010 under clause (iii) of sub section (4) of section 80-IA, subject to Annexure and Industrial Park Scheme, 2008 conditions: minimum constructed area, allocable area percentages, at least thirty industrial units with associated-enterprise aggregation rules, unit occupancy limits, activity restrictions, separate books and Form IPS-II reporting, and non-transferability; approval is withdrawable for misstatement, nondisclosure or unauthorized project amendments.
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Industrial park approval grants conditional tax deduction eligibility subject to compliance with allocation, unit and reporting requirements.
Notification approves M/s Devraj Infrastructures Ltd.'s industrial park commencing 5th September, 2010 under clause (iii) of sub section (4) of section 80-IA, subject to Annexure and Industrial Park Scheme, 2008 conditions: minimum constructed area, allocable area percentages, at least thirty industrial units with associated-enterprise aggregation rules, unit occupancy limits, activity restrictions, separate books and Form IPS-II reporting, and non-transferability; approval is withdrawable for misstatement, nondisclosure or unauthorized project amendments.
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