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of <h1>Central Govt Approves Industrial Park for Tax Benefits Under Section 80IA(4)(iii), Investment Set at 10 Crore Rupees</h1> The Central Government has notified an industrial park developed by a state infrastructure corporation in Dehradun under Section 80IA(4)(iii) of the Income-tax Act, 1961. The park, located at IT Park, Sahastradhara Road, spans 65 acres and is earmarked entirely for industrial use, with a minimum of 50 units required. The total proposed investment is approximately 10 crore rupees. The industrial park must adhere to specific infrastructure development criteria, and tax benefits are contingent on compliance with the conditions outlined. Any significant changes or non-compliance may invalidate the approval and benefits under the Industrial Park Scheme, 2002.
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