For the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur notified - 143/2007 - Income Tax Act, 1961
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Industrial Park approval enables tax benefits subject to infrastructure, unit-count, operation continuity and transfer compliance requirements. Notification designates the undertaking developed by M/s. Rajasthan State Industrial Development & Investment Corporation Limited as an Industrial Park under clause (iii) of sub section (4) of section 80 IA, subject to terms including exclusive industrial allocable area, minimum unit occupancy, specified infrastructure and investment thresholds, infrastructure definition, prohibition on single unit occupation exceeding fifty per cent, requirement to secure statutory approvals, developer's obligation to operate the park during the benefit period, transfer notice procedures, and grounds for invalidation or withdrawal of approval for non compliance.
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 approval enables tax benefits subject to infrastructure, unit-count, operation continuity and transfer compliance requirements.
Notification designates the undertaking developed by M/s. Rajasthan State Industrial Development & Investment Corporation Limited as an Industrial Park under clause (iii) of sub section (4) of section 80 IA, subject to terms including exclusive industrial allocable area, minimum unit occupancy, specified infrastructure and investment thresholds, infrastructure definition, prohibition on single unit occupation exceeding fifty per cent, requirement to secure statutory approvals, developer's obligation to operate the park during the benefit period, transfer notice procedures, and grounds for invalidation or withdrawal of approval for non compliance.
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