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of <h1>Industrial Park in Hyderabad Gains Tax Benefits Under Section 80IA(4)(iii) with Investment of 125.16 Crores INR</h1> The Central Government has notified an industrial park developed by a company in Hyderabad under Section 80IA(4)(iii) of the Income-tax Act, 1961. The park is located in HITEC City, Hyderabad, covering 6.05 acres, with 90% of the area allocated for industrial use and 10% for commercial use. It requires a minimum of 20 industrial units and involves an investment of 125.16 crores INR. The park must comply with infrastructure development requirements, and tax benefits can be availed once the stipulated number of units is operational. The approval is contingent on adherence to specified conditions, and any changes require government approval.
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