For the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur notified - 184/2007 - Income Tax Act, 1961
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Industrial park notification under section 80-IA: tax benefits subject to infrastructure, unit thresholds and compliance. Notification under section 80-IA(4)(iii) designates the industrial portion developed and operated by M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur, at Taranagar as an approved industrial park, subject to specified terms: prescribed area and allocable use, minimum number of units, investment and commencement date. Approval requires adherence to defined infrastructure standards and minimum infrastructure expenditure, limits individual unit occupancy, conditions foreign investment approvals, conditions tax benefits on establishment of minimum units and continued operation by the notifying undertaking, and permits invalidation or withdrawal for misinformation, non-compliance, unauthorized amendments, or delayed commencement without fresh approval.
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Provisions expressly mentioned in the judgment/order text.
Industrial park notification under section 80-IA: tax benefits subject to infrastructure, unit thresholds and compliance.
Notification under section 80-IA(4)(iii) designates the industrial portion developed and operated by M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur, at Taranagar as an approved industrial park, subject to specified terms: prescribed area and allocable use, minimum number of units, investment and commencement date. Approval requires adherence to defined infrastructure standards and minimum infrastructure expenditure, limits individual unit occupancy, conditions foreign investment approvals, conditions tax benefits on establishment of minimum units and continued operation by the notifying undertaking, and permits invalidation or withdrawal for misinformation, non-compliance, unauthorized amendments, or delayed commencement without fresh approval.
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