Industrial Park designation conditions tax benefit eligibility on infrastructure spending, minimum units, and ongoing operational compliance. Notification designates M/s. Rajasthan State Industrial Development & Investment Corporation Limited's undertaking as an Industrial Park under clause (iii) of sub section (4) of section 80-IA, subject to annexed terms: specified location, area, allocable industrial and commercial shares, minimum units and investments, and commencement date. Conditions require minimum infrastructure expenditure proportions (higher if built-up space provided), cap on any single unit occupying over fifty percent of allocable industrial area, separate statutory approvals, continuity of operation by the promoter, tax benefits only after the minimum number of units locate in the park, fresh approval if commencement is delayed beyond one year, invalidation for misinformation or undisclosed material facts, and mandated notice on transfer of operation.