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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 - 069/2007 - Income Tax Act, 1961
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Industrial park notification designates RSIDC project as eligible for tax benefits subject to compliance conditions. Notification designates M/s. Rajasthan State Industrial Development & Investment Corporation Limited's Raisingh Nagar project as an industrial park under clause (iii) of sub section (4) of Section 80 IA, subject to annexure conditions: 61.77 acres, minimum 30 industrial units, specified investment and commencement date, infrastructure expenditure thresholds (50% general; 60% if built up space provided), provision of common facilities, cap of fifty percent area per single unit, requirement for separate statutory/FDI approvals, operator continuity during benefit period, transfer intimation requirement, and invalidity/withdrawal consequences for misinformation, non disclosure, amendments without approval or non compliance.
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Industrial park notification designates RSIDC project as eligible for tax benefits subject to compliance conditions.
Notification designates M/s. Rajasthan State Industrial Development & Investment Corporation Limited's Raisingh Nagar project as an industrial park under clause (iii) of sub section (4) of Section 80 IA, subject to annexure conditions: 61.77 acres, minimum 30 industrial units, specified investment and commencement date, infrastructure expenditure thresholds (50% general; 60% if built up space provided), provision of common facilities, cap of fifty percent area per single unit, requirement for separate statutory/FDI approvals, operator continuity during benefit period, transfer intimation requirement, and invalidity/withdrawal consequences for misinformation, non disclosure, amendments without approval or non compliance.
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