For the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. RGA Software Systems Private Limited, Kolkata notified - 154/2007 - Income Tax Act, 1961
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Industrial park notification: tax benefits conditional on infrastructure thresholds, minimum units, operator continuity and compliance. Notification designates M/s. RGA Software Systems Private Limited's undertaking as an industrial park for purposes of Section 80-IA(4)(iii), subject to annexed conditions: specified location, area, activity, 95% industrial/5% commercial allocation, minimum three units, commencement date, and investment amounts; infrastructure expenditure minima (50% generally, 60% if built-up industrial space provided) and defined infrastructure elements; prohibition on any single unit occupying over fifty percent of allocable industrial area; separate statutory approvals required; tax benefits contingent on presence of minimum units and continued operation; delay, misrepresentation, nondisclosure, unauthorized amendments, or transfer without required intimation invalidate approval.
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Industrial park notification: tax benefits conditional on infrastructure thresholds, minimum units, operator continuity and compliance.
Notification designates M/s. RGA Software Systems Private Limited's undertaking as an industrial park for purposes of Section 80-IA(4)(iii), subject to annexed conditions: specified location, area, activity, 95% industrial/5% commercial allocation, minimum three units, commencement date, and investment amounts; infrastructure expenditure minima (50% generally, 60% if built-up industrial space provided) and defined infrastructure elements; prohibition on any single unit occupying over fifty percent of allocable industrial area; separate statutory approvals required; tax benefits contingent on presence of minimum units and continued operation; delay, misrepresentation, nondisclosure, unauthorized amendments, or transfer without required intimation invalidate approval.
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