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<h1>Central Government Approves Tidel Park Limited as Industrial Park under Section 80-IA of Income-tax Act, 1961</h1> The Central Government has notified a scheme under section 80-IA of the Income-tax Act, 1961, approving Tidel Park Limited in Chennai as an industrial park. This approval applies to the software technology park developed by Tidel Park Limited for information technology and software technology activities. The park spans 8.01 acres, with 81.40% allocated for industrial use and 9.30% for commercial use, housing 50 industrial units. A minimum of 66% of the area must be for industrial use, with significant investment in infrastructure development. The approval is conditional on compliance with specified terms, and non-compliance may lead to withdrawal.