Industrial park approval under tax incentive provisions conditioned on infrastructure, minimum units and compliance requirements. The Central Government notifies M/s. Janapriya Engineers Syndicate's undertaking at Somajiguda, Hyderabad, as an industrial park under clause (iii) of sub section (4) of section 80 IA, subject to Annexure conditions detailing site, permitted activities, allocable area percentages, minimum number of industrial units, investment and commencement date. Conditions require minimum infrastructure investment thresholds, common infrastructure provisions, limits on single unit area occupation, requisite statutory approvals, continued operation by the developer while benefits are claimed, transfer notification procedures, and invalidity/withdrawal consequences for non compliance or misrepresentation.
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Industrial park approval under tax incentive provisions conditioned on infrastructure, minimum units and compliance requirements.
The Central Government notifies M/s. Janapriya Engineers Syndicate's undertaking at Somajiguda, Hyderabad, as an industrial park under clause (iii) of sub section (4) of section 80 IA, subject to Annexure conditions detailing site, permitted activities, allocable area percentages, minimum number of industrial units, investment and commencement date. Conditions require minimum infrastructure investment thresholds, common infrastructure provisions, limits on single unit area occupation, requisite statutory approvals, continued operation by the developer while benefits are claimed, transfer notification procedures, and invalidity/withdrawal consequences for non compliance or misrepresentation.
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