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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Govt. approves industrial park in Uttaranchal under Section 80IA(4)(iii) of Income-tax Act, 1961; investment set at 850 lakhs INR.</h1> The Central Government has notified an industrial park developed by a company at Village Bantakhedi, Tehsil Roorkee, District Haridwar, Uttaranchal, under Section 80IA(4)(iii) of the Income-tax Act, 1961. The park spans 4818 acres, with 88.75% allocated for industrial use and 2.77% for commercial use. A minimum of 33 industrial units is required, with a total investment of 850 lakhs INR. The park must commence by March 1, 2006, and adhere to specific infrastructure investment conditions. Approval may be invalidated if conditions are not met or if misinformation is provided.
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