Industrial Park Scheme eligibility ensures tax incentives only after approval, compliance and minimum unit occupancy are satisfied. The Industrial Park Scheme, 2008 provides a regulatory framework for notification of undertakings that develop, operate or maintain industrial parks to obtain tax incentives, defines key terms and limits eligible activity to manufacturing, prescribes an approval process administered by the tax board, and sets substantive approval criteria including allocable area allocation, a minimum number of industrial units, minimum constructed floor area, unit occupancy limits, single undertaking ownership and separate accounting and annual reporting; approval may be withdrawn for non compliance after hearing.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Industrial Park Scheme eligibility ensures tax incentives only after approval, compliance and minimum unit occupancy are satisfied.
The Industrial Park Scheme, 2008 provides a regulatory framework for notification of undertakings that develop, operate or maintain industrial parks to obtain tax incentives, defines key terms and limits eligible activity to manufacturing, prescribes an approval process administered by the tax board, and sets substantive approval criteria including allocable area allocation, a minimum number of industrial units, minimum constructed floor area, unit occupancy limits, single undertaking ownership and separate accounting and annual reporting; approval may be withdrawn for non compliance after hearing.
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