For the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur notified - 264/2006 - Income Tax Act, 1961
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Industrial Park Notification designates an undertaking for industrial tax incentives subject to infrastructure, unit and compliance conditions. Notification designates M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur, as an Industrial Park for the purposes of the industrial tax incentive provision, subject to conditions including location, area allocation (93.55% industrial, 6.45% commercial), a minimum of thirty industrial units, specified investment and commencement parameters. Approval requires minimum infrastructure expenditure thresholds (generally not less than fifty percent of project cost, or sixty percent where built up space is provided), defined common infrastructure facilities, limits on single unit occupation, separate clearances for foreign investment, and adherence to transfer, commencement delay and invalidity provisions.
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Provisions expressly mentioned in the judgment/order text.
Industrial Park Notification designates an undertaking for industrial tax incentives subject to infrastructure, unit and compliance conditions.
Notification designates M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur, as an Industrial Park for the purposes of the industrial tax incentive provision, subject to conditions including location, area allocation (93.55% industrial, 6.45% commercial), a minimum of thirty industrial units, specified investment and commencement parameters. Approval requires minimum infrastructure expenditure thresholds (generally not less than fifty percent of project cost, or sixty percent where built up space is provided), defined common infrastructure facilities, limits on single unit occupation, separate clearances for foreign investment, and adherence to transfer, commencement delay and invalidity provisions.
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