Industrial park approval conditions tax benefit eligibility and require specified investment, operational continuity, unit thresholds and compliance. The Central Government notifies M/s. G. Amarender Reddy's undertaking as an industrial park under section 80-IA(4)(iii), subject to conditions specifying location, area, permitted activities, allocable area percentages, minimum unit count, investment and commencement timeline. Eligibility for tax benefits is contingent on locating the required number of units and continued operation by the promoter; infrastructure expenditure minimums (50% generally, 60% if built-up space provided), a cap on single-unit occupation, separate statutory approvals for foreign investment, transfer notification requirements, and invalidation for misinformation or unapproved amendments are prescribed.
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Industrial park approval conditions tax benefit eligibility and require specified investment, operational continuity, unit thresholds and compliance.
The Central Government notifies M/s. G. Amarender Reddy's undertaking as an industrial park under section 80-IA(4)(iii), subject to conditions specifying location, area, permitted activities, allocable area percentages, minimum unit count, investment and commencement timeline. Eligibility for tax benefits is contingent on locating the required number of units and continued operation by the promoter; infrastructure expenditure minimums (50% generally, 60% if built-up space provided), a cap on single-unit occupation, separate statutory approvals for foreign investment, transfer notification requirements, and invalidation for misinformation or unapproved amendments are prescribed.
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