For the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur notified - 160/2007 - Income Tax Act, 1961
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Industrial park notification: tax benefits conditioned on infrastructure thresholds, minimum units, operator continuity and compliance obligations. Notification under clause (iii) of sub-section (4) of section 80-IA notifies M/s. Rajasthan State Industrial Development & Investment Corporation Limited's project at IID Centre Mahuwa Road Hindaumcity as an industrial park for tax purposes, subject to conditions: specified area and allocable percentages, minimum number of units, and investment levels; minimum infrastructure expenditure thresholds (50% or 60% where built-up space is provided); defined common infrastructure components; prohibition on any single unit occupying more than fifty percent of allocable industrial area; requirement for statutory and foreign investment approvals; operator continuity; transfer intimation; and invalidation or withdrawal of approval for misrepresentation, nondisclosure, unauthorized project amendments, or noncompliance.
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Provisions expressly mentioned in the judgment/order text.
Industrial park notification: tax benefits conditioned on infrastructure thresholds, minimum units, operator continuity and compliance obligations.
Notification under clause (iii) of sub-section (4) of section 80-IA notifies M/s. Rajasthan State Industrial Development & Investment Corporation Limited's project at IID Centre Mahuwa Road Hindaumcity as an industrial park for tax purposes, subject to conditions: specified area and allocable percentages, minimum number of units, and investment levels; minimum infrastructure expenditure thresholds (50% or 60% where built-up space is provided); defined common infrastructure components; prohibition on any single unit occupying more than fifty percent of allocable industrial area; requirement for statutory and foreign investment approvals; operator continuity; transfer intimation; and invalidation or withdrawal of approval for misrepresentation, nondisclosure, unauthorized project amendments, or noncompliance.
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