Industrial Park notification under Section 80IA conditions tax benefits only after required units, investments, approvals and continued operation. The Central Government notifies the undertaking of M/s. Hamlet Constructions (India) Private Limited as an Industrial Park under clause (iii) of sub-section (4) of section 80-IA, subject to annexed conditions. The annexure prescribes location, area allocation, permitted activities, minimum number of units, and minimum infrastructure and built-up investment proportions. Tax benefits are conditioned on establishment of required units and continued operation; commencement delays require fresh approval; transfers must be notified with agreements; and approval is invalidated by misinformation, undisclosed material facts, unauthorised plan amendments, or noncompliance.