Industrial Park notification permits Section 80IA tax incentives subject to compliance, minimum units, infrastructure and approval conditions. Notification designates M/s Infinity Infotech Parks Limited's undertaking as an Industrial Park under clause (iii) of Section 80IA(4), subject to annexed conditions including location, area, permitted activities, 92% allocable industrial area, minimum 32 industrial units, specified investment commitments, minimum infrastructure expenditure thresholds, common infrastructure requirements, a cap where no single unit may occupy more than fifty percent of allocable industrial area, requisite statutory and foreign investment approvals, operation and maintenance obligations, transfer intimation requirements, and invalidation or withdrawal for non compliance or misinformation.
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Industrial Park notification permits Section 80IA tax incentives subject to compliance, minimum units, infrastructure and approval conditions.
Notification designates M/s Infinity Infotech Parks Limited's undertaking as an Industrial Park under clause (iii) of Section 80IA(4), subject to annexed conditions including location, area, permitted activities, 92% allocable industrial area, minimum 32 industrial units, specified investment commitments, minimum infrastructure expenditure thresholds, common infrastructure requirements, a cap where no single unit may occupy more than fifty percent of allocable industrial area, requisite statutory and foreign investment approvals, operation and maintenance obligations, transfer intimation requirements, and invalidation or withdrawal for non compliance or misinformation.
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