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of <h1>Industrial Park in Jaipur Receives Notification Under Section 80IA(4)(iii) for Tax Benefits on Infrastructure Investment</h1> The Central Government has notified an industrial park developed by a corporation in Jaipur under Section 80IA(4)(iii) of the Income-tax Act, 1961. Located in Udaipur, Rajasthan, the park spans 258.85 acres, with 98.51% earmarked for industrial use. The project requires a minimum of 180 industrial units and an investment of 608.94 lakhs INR. Infrastructure development must constitute at least 50% of the project cost. The park's commencement was set for January 1, 2006. Conditions include maintaining operations during tax benefit periods, seeking necessary approvals, and adhering to project plans without unauthorized amendments.
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