Industrial area specification delineates eligible Sikkim parcels for income tax incentives, subject to state designation timing. The Central Board of Direct Taxes notifies specified industrial areas in Sikkim, with detailed khasra numbers organized by revenue village/block and district, as qualifying for the income tax incentive under section 80 IC; where the State Government has not designated listed areas, the notification takes effect for those areas from the date the State notifies or designates them.
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Provisions expressly mentioned in the judgment/order text.
Industrial area specification delineates eligible Sikkim parcels for income tax incentives, subject to state designation timing.
The Central Board of Direct Taxes notifies specified industrial areas in Sikkim, with detailed khasra numbers organized by revenue village/block and district, as qualifying for the income tax incentive under section 80 IC; where the State Government has not designated listed areas, the notification takes effect for those areas from the date the State notifies or designates them.
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