For the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur notified - 144/2007 - Income Tax Act, 1961
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Industrial Park notification: tax benefit eligibility depends on meeting infrastructure, unit count, and compliance conditions. Notification under clause (iii) of section 80-IA designates the industrial component of M/s Rajasthan State Industrial Development & Investment Corporation Limited's Anoopgarh development as an Industrial Park for income-tax benefit purposes, subject to conditions including specified allocable area percentages, a minimum number of industrial units, prescribed investment and infrastructure expenditure thresholds, definitions of infrastructure, restrictions on single-unit occupation, separate statutory approvals for foreign investment, and requirements for continued operation and notification on transfer of operation. Noncompliance, misinformation, unauthorized amendments, or delay may invalidate approval.
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Industrial Park notification: tax benefit eligibility depends on meeting infrastructure, unit count, and compliance conditions.
Notification under clause (iii) of section 80-IA designates the industrial component of M/s Rajasthan State Industrial Development & Investment Corporation Limited's Anoopgarh development as an Industrial Park for income-tax benefit purposes, subject to conditions including specified allocable area percentages, a minimum number of industrial units, prescribed investment and infrastructure expenditure thresholds, definitions of infrastructure, restrictions on single-unit occupation, separate statutory approvals for foreign investment, and requirements for continued operation and notification on transfer of operation. Noncompliance, misinformation, unauthorized amendments, or delay may invalidate approval.
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