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of <h1>Central Government Approves Mumbai Industrial Park u/s 80IA(4)(iii) for Tax Benefits Compliance.</h1> The Central Government notified the Industrial Park of a private company in Mumbai under Section 80IA(4)(iii) of the Income-tax Act, 1961. The park, located at Logitech Park, Andheri (East), Mumbai, spans two phases with specified industrial and commercial allocations. The company must adhere to conditions such as minimum infrastructure investment and operational requirements to avail tax benefits. Approval is contingent on compliance with the Industrial Park Scheme, 2002, and any delay or misinformation could invalidate it. Transfer of operations requires joint notification to relevant authorities, and any amendments need government approval.
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