For the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur notified - 378/2006 - Income Tax Act, 1961
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Industrial Park notification: tax benefits conditional on infrastructure, unit thresholds, operator continuity and approval requirements. Central Government notifies the undertaking developed by M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur, at Neemrana Phase 1 as an Industrial Park under clause (iii) of sub section (4) of section 80 IA, subject to conditions including specified project parameters, minimum infrastructure expenditure thresholds, a requirement that a minimum number of units be located in the Park before tax benefits accrue, operator continuity during the benefits period, fresh approval if commencement is delayed beyond one year, and invalidity for material misrepresentation or unauthorized amendments.
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Provisions expressly mentioned in the judgment/order text.
Industrial Park notification: tax benefits conditional on infrastructure, unit thresholds, operator continuity and approval requirements.
Central Government notifies the undertaking developed by M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur, at Neemrana Phase 1 as an Industrial Park under clause (iii) of sub section (4) of section 80 IA, subject to conditions including specified project parameters, minimum infrastructure expenditure thresholds, a requirement that a minimum number of units be located in the Park before tax benefits accrue, operator continuity during the benefits period, fresh approval if commencement is delayed beyond one year, and invalidity for material misrepresentation or unauthorized amendments.
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