For the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur notified - 186/2007 - Income Tax Act, 1961
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Industrial park approval enables tax benefits once minimum units and infrastructure thresholds are met; compliance and transfer rules apply. Notification designates M/s. Rajasthan State Industrial Development & Investment Corporation Limited's Jurehra undertaking as an industrial park under clause (iii) of sub section (4) of section 80 IA, subject to annexed conditions: site particulars and investment profile; minimum infrastructure expenditure thresholds (50% or 60% where built up space provided); 100% allocable industrial area and minimum 20 units; single unit occupancy capped at 50% of allocable industrial area; tax benefits only after minimum units locate; operator continuity; separate statutory approvals; transfer intimation; and invalidity or withdrawal for misinformation, delay, non compliance or unapproved amendments.
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Provisions expressly mentioned in the judgment/order text.
Industrial park approval enables tax benefits once minimum units and infrastructure thresholds are met; compliance and transfer rules apply.
Notification designates M/s. Rajasthan State Industrial Development & Investment Corporation Limited's Jurehra undertaking as an industrial park under clause (iii) of sub section (4) of section 80 IA, subject to annexed conditions: site particulars and investment profile; minimum infrastructure expenditure thresholds (50% or 60% where built up space provided); 100% allocable industrial area and minimum 20 units; single unit occupancy capped at 50% of allocable industrial area; tax benefits only after minimum units locate; operator continuity; separate statutory approvals; transfer intimation; and invalidity or withdrawal for misinformation, delay, non compliance or unapproved amendments.
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