Industrial park designation conditions tax benefits on infrastructure investment, unit thresholds, approvals, and ongoing compliance. Notification designates M/s. Gavva Estates Private Limited's undertaking as an industrial park under clause (iii) of sub section (4) of section 80 IA, listing location, area, permitted activities, allocable area percentages, minimum unit threshold, proposed investments and commencement date; imposes minimum infrastructure investment ratios, infrastructure components, a fifty percent cap on any single unit's industrial area, statutory approval requirements, continuity of operation, invalidity and withdrawal grounds for misinformation or non compliance, transfer intimation obligations, and the need for fresh approval if commencement is delayed.
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Provisions expressly mentioned in the judgment/order text.
Industrial park designation conditions tax benefits on infrastructure investment, unit thresholds, approvals, and ongoing compliance.
Notification designates M/s. Gavva Estates Private Limited's undertaking as an industrial park under clause (iii) of sub section (4) of section 80 IA, listing location, area, permitted activities, allocable area percentages, minimum unit threshold, proposed investments and commencement date; imposes minimum infrastructure investment ratios, infrastructure components, a fifty percent cap on any single unit's industrial area, statutory approval requirements, continuity of operation, invalidity and withdrawal grounds for misinformation or non compliance, transfer intimation obligations, and the need for fresh approval if commencement is delayed.
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