For the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur notified - 163/2007 - Income Tax Act, 1961
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Industrial park notification: tax benefits contingent on meeting infrastructure thresholds, minimum units, approvals and compliance. Notification under Section 80-IA(4)(iii) designates the Rajasthan State Industrial Development & Investment Corporation Limited's project at Boranada-III Phase as an industrial park, specifying park area, allocable percentages for industrial and commercial use, minimum 190 industrial units, proposed investments, and a commencement date. It requires minimum infrastructure expenditure (50% of project cost or 60% where built-up industrial space is provided), defines qualifying infrastructure, limits any single unit to 50% of allocable industrial area, conditions tax benefits on the presence of the minimum units, mandates continued operation by the notifier, prescribes transfer intimation procedures, and states grounds for invalidation and withdrawal for nondisclosure or noncompliance.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Industrial park notification: tax benefits contingent on meeting infrastructure thresholds, minimum units, approvals and compliance.
Notification under Section 80-IA(4)(iii) designates the Rajasthan State Industrial Development & Investment Corporation Limited's project at Boranada-III Phase as an industrial park, specifying park area, allocable percentages for industrial and commercial use, minimum 190 industrial units, proposed investments, and a commencement date. It requires minimum infrastructure expenditure (50% of project cost or 60% where built-up industrial space is provided), defines qualifying infrastructure, limits any single unit to 50% of allocable industrial area, conditions tax benefits on the presence of the minimum units, mandates continued operation by the notifier, prescribes transfer intimation procedures, and states grounds for invalidation and withdrawal for nondisclosure or noncompliance.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.