Industrial area designation under section 80IC: specified Hudbust/Khasra parcels in Himachal qualify once state notification is effective. Notification under the Income tax Act designating specific Hudbust/Khasra numbers as industrial estates or industrial areas in Himachal Pradesh for the purposes of Section 80IC. The Schedule lists district wise industrial areas with precise Hudbust/Khasra number ranges and associated tehsil/sub tehsil names. The notification takes effect on publication in the Official Gazette, except where a listed estate/area has not yet been notified or designated by the State Government; in such cases the notification becomes effective from the date the State Government notifies or designates that estate/area.
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 area designation under section 80IC: specified Hudbust/Khasra parcels in Himachal qualify once state notification is effective.
Notification under the Income tax Act designating specific Hudbust/Khasra numbers as industrial estates or industrial areas in Himachal Pradesh for the purposes of Section 80IC. The Schedule lists district wise industrial areas with precise Hudbust/Khasra number ranges and associated tehsil/sub tehsil names. The notification takes effect on publication in the Official Gazette, except where a listed estate/area has not yet been notified or designated by the State Government; in such cases the notification becomes effective from the date the State Government notifies or designates that estate/area.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
