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of <h1>Industrial Park in Pune Receives Approval Under Section 80IA(4)(iii) for Tax Benefits, Focused on Communication and Software</h1> The Central Government has notified the industrial park developed by a company in Pune under Section 80IA(4)(iii) of the Income-tax Act, 1961. The park, located on Aundh Road, spans 10,188 square meters and is designated for various industrial activities, including communication services and software development. The project requires a minimum of 30 industrial units, with 92% of the area for industrial use and 8% for commercial purposes. The total investment is 31.50 crores, with specific conditions for infrastructure development. The company must adhere to the terms specified, and any non-compliance could lead to withdrawal of approval.
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