Industrial Park at Mewar Industrial Area (Extn.), operated by M/s. Rajasthan State Industrial Development and Investment Corporation Limited, Jaipur, notified for the purposes of section 80-IA(4)(iii) of the Income-tax Act, 1961 - 219/2006 - Income Tax Act, 1961
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Industrial Park recognition under section 80-IA(4)(iii): tax benefits conditional on infrastructure standards, unit thresholds and compliance. The Central Government notifies the industrial park at Mewar Industrial Area (Extn.), Udaipur, developed and operated by M/s. Rajasthan State Industrial Development and Investment Corporation Limited, as an industrial park for the purposes of section 80-IA(4)(iii), subject to conditions including minimum infrastructure investment thresholds, specified infrastructure components provided on commercial terms, allocation and unit occupancy limits, a minimum number of operational units before tax benefits can be claimed, required approvals for foreign investment, continuance of operation by the developer, notification requirements on transfer, and grounds for invalidation or withdrawal for non-compliance or misinformation.
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 recognition under section 80-IA(4)(iii): tax benefits conditional on infrastructure standards, unit thresholds and compliance.
The Central Government notifies the industrial park at Mewar Industrial Area (Extn.), Udaipur, developed and operated by M/s. Rajasthan State Industrial Development and Investment Corporation Limited, as an industrial park for the purposes of section 80-IA(4)(iii), subject to conditions including minimum infrastructure investment thresholds, specified infrastructure components provided on commercial terms, allocation and unit occupancy limits, a minimum number of operational units before tax benefits can be claimed, required approvals for foreign investment, continuance of operation by the developer, notification requirements on transfer, and grounds for invalidation or withdrawal for non-compliance or misinformation.
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