Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
For the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. Coretech Realty Private Limited, Bangalore notified - 148/2006 - Income Tax Act, 1961
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Industrial park approval under section 80-IA secures tax benefit eligibility subject to infrastructure, unit thresholds and compliance. Notification designates M/s. Coretech Realty Private Limited's undertaking at EPIP Industrial Area, Hoodi, Bangalore as an industrial park for purposes of section 80-IA(4)(iii), subject to annexed terms and conditions. Key operational conditions include minimum unit presence before tax benefits attach, specified minimum infrastructure expenditure thresholds (50% generally, 60% where built-up industrial space is provided), defined infrastructure components, a fifty percent cap on occupation by any single unit, requirement for separate statutory approvals for foreign investment, continuous operation by the developer during the benefit period, and grounds for invalidation including misrepresentation, non-disclosure, unauthorized project amendments, and delayed commencement requiring fresh approval.
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 under section 80-IA secures tax benefit eligibility subject to infrastructure, unit thresholds and compliance.
Notification designates M/s. Coretech Realty Private Limited's undertaking at EPIP Industrial Area, Hoodi, Bangalore as an industrial park for purposes of section 80-IA(4)(iii), subject to annexed terms and conditions. Key operational conditions include minimum unit presence before tax benefits attach, specified minimum infrastructure expenditure thresholds (50% generally, 60% where built-up industrial space is provided), defined infrastructure components, a fifty percent cap on occupation by any single unit, requirement for separate statutory approvals for foreign investment, continuous operation by the developer during the benefit period, and grounds for invalidation including misrepresentation, non-disclosure, unauthorized project amendments, and delayed commencement requiring fresh approval.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
AI Drafter - (New and Powerful) ✕
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter. 
of 
TaxTMI 
