Industrial park notification under section 80 IA conditions tax benefit eligibility on infrastructure, unit thresholds, and compliance. Central Government notifies M/s. Sri Balaji Construction Company's undertaking as an industrial park under clause (iii) of sub section (4) of section 80 IA, specifying location, area, permitted activities, allocable area (90.01% industrial, 9.99% commercial), minimum three industrial units, proposed investments and commencement. Approval is conditional on minimum infrastructure expenditure thresholds (50% or 60% where built-up space is provided), a single unit occupancy cap of 50%, requisite statutory approvals, operator continuity, tax benefits only after the minimum units locate in the park, and invalidation/withdrawal rules for misinformation, unapproved changes, delayed commencement or non-compliance.