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For the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur notified - 054/2007 - Income Tax Act, 1961
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Industrial park notification: tax benefits conditional on compliance with infrastructure, unit and transfer requirements. The Central Government notifies the Sotanala, Alwar undertaking of M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur, as an industrial park for clause (iii) of sub-section (4) of section 80-IA, subject to annexed conditions including project particulars, minimum infrastructure investment thresholds, a cap limiting any single unit to fifty percent of allocable industrial area, prerequisites for foreign investment approvals, requirement that tax benefits accrue only after the minimum number of units are located, continued operation by the notifying entity, transfer intimation procedures, and provisions for invalidation or withdrawal for non-compliance.
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Industrial park notification: tax benefits conditional on compliance with infrastructure, unit and transfer requirements.
The Central Government notifies the Sotanala, Alwar undertaking of M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur, as an industrial park for clause (iii) of sub-section (4) of section 80-IA, subject to annexed conditions including project particulars, minimum infrastructure investment thresholds, a cap limiting any single unit to fifty percent of allocable industrial area, prerequisites for foreign investment approvals, requirement that tax benefits accrue only after the minimum number of units are located, continued operation by the notifying entity, transfer intimation procedures, and provisions for invalidation or withdrawal for non-compliance.
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