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of <h1>Industrial Park in Pune Gains Tax Benefits Under Section 80IA(4)(iii) for Tech and Consultancy Services</h1> The Central Government has notified an Industrial Park developed by a private company in Mumbai under Section 80IA(4)(iii) of the Income-tax Act, 1961. The Industrial Park, named ICC Tech Park, is located in Pune, Maharashtra, and covers an area of 10,376.50 square meters. It is designated for activities such as communication services, software development, and consultancy services, with 90% of the area for industrial use. The project requires a minimum investment of 5,218 lakhs INR, with at least 60% allocated for infrastructure. The park must meet specific conditions to maintain tax benefits, and any changes require government approval.
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