Industrial park approval enables tax benefits once specified unit and infrastructure conditions are met under prescribed scheme. Notification designates the Rajasthan State Industrial Development & Investment Corporation Limited's Thanagazi project as an Industrial Park under clause (iii) of sub section (4) of section 80 IA, subject to annexure terms. Key conditions require specified allocations for industrial and commercial use, a minimum number of units before tax benefits accrue, prescribed minimum infrastructure expenditure (higher where built up space is provided), defined common infrastructure elements, a cap on any single unit's share of allocable area, separate statutory approvals, continuous operation by the promoter, and obligations on transfers, amendments and disclosures.