Industrial park notification enables income tax incentives subject to infrastructure, unit count and compliance requirements. Notification designates M/s. Datt Infrastructure & Services Limited's project at Bantakhedi as an industrial park eligible for tax incentives under clause (iii) of sub section (4) of Section 80 IA, conditional on specified allocable area proportions, minimum unit count, prescribed infrastructure expenditure and components, commencement timing, continued operation by the developer, compliance with the Industrial Park Scheme, 2002, and regulatory approvals; misrepresentation, unapproved amendments, delayed commencement beyond the prescribed period, or noncompliance will invalidate approval and may prompt withdrawal by the Central Government.
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Industrial park notification enables income tax incentives subject to infrastructure, unit count and compliance requirements.
Notification designates M/s. Datt Infrastructure & Services Limited's project at Bantakhedi as an industrial park eligible for tax incentives under clause (iii) of sub section (4) of Section 80 IA, conditional on specified allocable area proportions, minimum unit count, prescribed infrastructure expenditure and components, commencement timing, continued operation by the developer, compliance with the Industrial Park Scheme, 2002, and regulatory approvals; misrepresentation, unapproved amendments, delayed commencement beyond the prescribed period, or noncompliance will invalidate approval and may prompt withdrawal by the Central Government.
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