Industrial park designation under section 80 IA requires minimum industrial allocation and prescribed infrastructure investment. Notification designates the Western India Kinfra Ltd. undertaking as an industrial park under clause (iii) of sub section (4) of section 80 IA, approving its location, area, proposed activities and allocable area subject to conditions. The Schedule mandates minimum industrial allocable area proportions, a maximum commercial allocation, sectoral inclusions/exclusions per the National Industrial Classification, minimum infrastructure expenditure shares (higher where built up space is provided), definitions of infrastructure, a single unit area cap, separate statutory approvals for foreign investment, operational continuity while tax benefits are claimed, and Central Government power to withdraw approval for non compliance or nondisclosure.
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.
Industrial park designation under section 80 IA requires minimum industrial allocation and prescribed infrastructure investment.
Notification designates the Western India Kinfra Ltd. undertaking as an industrial park under clause (iii) of sub section (4) of section 80 IA, approving its location, area, proposed activities and allocable area subject to conditions. The Schedule mandates minimum industrial allocable area proportions, a maximum commercial allocation, sectoral inclusions/exclusions per the National Industrial Classification, minimum infrastructure expenditure shares (higher where built up space is provided), definitions of infrastructure, a single unit area cap, separate statutory approvals for foreign investment, operational continuity while tax benefits are claimed, and Central Government power to withdraw approval for non compliance or nondisclosure.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.