For the purpose of Section 80IA(4)(iii) - Industrial Park of M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur notified - 261/2007 - Income Tax Act, 1961
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Industrial park notification conditions tax benefits on meeting unit, infrastructure, operator continuity and compliance requirements. Central Government notifies M/s. Rajasthan State Industrial Development & Investment Corporation Limited's undertaking as an industrial park under Section 80-IA(4)(iii), subject to annexure conditions including location, area, allocable industrial and commercial percentages, minimum number of units, proposed investments, and commencement date. Tax benefits are conditioned on the specified minimum units being located in the park and continued operation by the undertaking. The annexure requires minimum infrastructure expenditure thresholds, defines qualifying infrastructure, caps single-unit occupancy at fifty percent, mandates separate approvals for foreign investment, sets transfer intimation procedures, and provides for invalidation on misinformation, delay, or unauthorized amendments.
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Industrial park notification conditions tax benefits on meeting unit, infrastructure, operator continuity and compliance requirements.
Central Government notifies M/s. Rajasthan State Industrial Development & Investment Corporation Limited's undertaking as an industrial park under Section 80-IA(4)(iii), subject to annexure conditions including location, area, allocable industrial and commercial percentages, minimum number of units, proposed investments, and commencement date. Tax benefits are conditioned on the specified minimum units being located in the park and continued operation by the undertaking. The annexure requires minimum infrastructure expenditure thresholds, defines qualifying infrastructure, caps single-unit occupancy at fifty percent, mandates separate approvals for foreign investment, sets transfer intimation procedures, and provides for invalidation on misinformation, delay, or unauthorized amendments.
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