Industrial Park recognition under 80-IA(4)(iii) conditions tax benefit eligibility on infrastructure, minimum units, and compliance. The Central Government notifies M/s. Rajasthan State Industrial Development & Investment Corporation Limited's Balotra Industrial Park as qualifying under 80-IA(4)(iii), subject to Annexure conditions: 49.61 acres, 100% industrial allocation, minimum 83 units, specified project and infrastructure investments, and commencement date. Minimum infrastructure expenditure thresholds apply (50% generally, 60% where built-up space is provided). No single unit may occupy more than fifty percent of allocable industrial area. Separate statutory approvals are required. Tax benefits accrue only after the required number of units locate in the Park. Approval may be invalidated or withdrawn for misinformation, non disclosure, unauthorized amendments, or non compliance; transfers of operation require formal intimation.