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of <h1>Industrial Park in Jaipur Gains Tax Benefits Under Section 80IA(4)(iii) for Infrastructure Development and Investment Compliance.</h1> The Central Government has notified the Industrial Park developed by a corporation in Jaipur under Section 80IA(4)(iii) of the Income-tax Act, 1961. The park, located in Khuskhera, Rajasthan, spans 151.77 acres and is designated primarily for industrial use. It requires a minimum of 30 industrial units and a total investment of Rs. 1585.56 lakhs, with infrastructure development constituting at least 50% of the project cost. The park's commencement was set for March 31, 2006. Compliance with specified conditions is mandatory for tax benefits, and any project plan amendments need government approval to maintain validity.
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