Industrial park notification designates undertaking for tax benefits under section 80-IA subject to compliance and infrastructure conditions. The Central Government notifies M/s. Safina Towers Private Limited as an industrial park under Section 80-IA(4)(iii), subject to conditions including specified location, area, permitted activities, minimum units, and investment and commencement parameters. Tax benefits are conditioned on meeting the minimum unit requirement and compliance with infrastructure expenditure thresholds, limits on single-unit area occupation, obtaining separate statutory approvals, continued operation while benefits are claimed, transfer notification obligations, and consequences for misinformation, plan amendments without approval, or non-compliance which may invalidate approval or prompt withdrawal.
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Industrial park notification designates undertaking for tax benefits under section 80-IA subject to compliance and infrastructure conditions.
The Central Government notifies M/s. Safina Towers Private Limited as an industrial park under Section 80-IA(4)(iii), subject to conditions including specified location, area, permitted activities, minimum units, and investment and commencement parameters. Tax benefits are conditioned on meeting the minimum unit requirement and compliance with infrastructure expenditure thresholds, limits on single-unit area occupation, obtaining separate statutory approvals, continued operation while benefits are claimed, transfer notification obligations, and consequences for misinformation, plan amendments without approval, or non-compliance which may invalidate approval or prompt withdrawal.
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