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of <h1>Software Company's Industrial Park in Salt Lake City Approved for Tax Benefits Under Section 80IA(4)(iii)</h1> The Central Government has notified an Industrial Park being developed by a software company in Kolkata under Section 80IA(4)(iii) of the Income-tax Act, 1961. The park, located in Salt Lake City, West Bengal, spans 61,486 square meters and is intended for telephone communication, data processing, software development, and consultancy services. The project requires a minimum of five industrial units with significant investment in infrastructure. The company must adhere to specified conditions to maintain tax benefits, and any transfer of operation must be reported. Non-compliance or misinformation may lead to invalidation of approval.
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