For the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur notified - 146/2007 - Income Tax Act, 1961
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Industrial park notification under section 80 IA: tax benefits conditioned on approved infrastructure, minimum units and compliance. Notification under section 80 IA(4)(iii) approves the industrial part of M/s Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur, as a Growth Centre at Chandrawati, Jhalawar, subject to specified terms. Eligibility for tax benefits is conditional on meeting infrastructure expenditure thresholds, providing defined common facilities, limiting any single unit to no more than fifty percent of allocable industrial area, and achieving the minimum number of industrial units. The operator must continue to manage the Centre, obtain required statutory approvals, notify transfers, and avoid misrepresentation or unapproved plan amendments to preserve approval.
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Provisions expressly mentioned in the judgment/order text.
Industrial park notification under section 80 IA: tax benefits conditioned on approved infrastructure, minimum units and compliance.
Notification under section 80 IA(4)(iii) approves the industrial part of M/s Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur, as a Growth Centre at Chandrawati, Jhalawar, subject to specified terms. Eligibility for tax benefits is conditional on meeting infrastructure expenditure thresholds, providing defined common facilities, limiting any single unit to no more than fifty percent of allocable industrial area, and achieving the minimum number of industrial units. The operator must continue to manage the Centre, obtain required statutory approvals, notify transfers, and avoid misrepresentation or unapproved plan amendments to preserve approval.
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