For the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur notified - 141/2007 - Income Tax Act, 1961
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Industrial Park Notification: Growth Centre approved for tax benefits subject to infrastructure, operational and compliance conditions. The Central Government notifies the Growth Centre developed and operated by M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur, as an Industrial Park for purposes of clause (iii) of sub-section (4) of section 80-IA, subject to specified terms: defined location, area, allocable industrial and commercial percentages, minimum units, and investment. Conditions include minimum infrastructure expenditure thresholds, definition of infrastructure, a cap on any single unit's industrial area, requirement to secure statutory approvals, tax benefits contingent on establishment of the minimum units, continuity of operation by the notifier, transfer notification requirements, and invalidation or withdrawal of approval for misinformation, nondisclosure, unauthorised amendments, or noncompliance.
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Provisions expressly mentioned in the judgment/order text.
Industrial Park Notification: Growth Centre approved for tax benefits subject to infrastructure, operational and compliance conditions.
The Central Government notifies the Growth Centre developed and operated by M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur, as an Industrial Park for purposes of clause (iii) of sub-section (4) of section 80-IA, subject to specified terms: defined location, area, allocable industrial and commercial percentages, minimum units, and investment. Conditions include minimum infrastructure expenditure thresholds, definition of infrastructure, a cap on any single unit's industrial area, requirement to secure statutory approvals, tax benefits contingent on establishment of the minimum units, continuity of operation by the notifier, transfer notification requirements, and invalidation or withdrawal of approval for misinformation, nondisclosure, unauthorised amendments, or noncompliance.
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