https://www.taxtmi.com/caselaws?id=211787 The Court granted the writ of mandamus, directing the Central Board of Direct Taxes to notify the petitioner's industrial park for benefits under Section 80-IA of the Income Tax Act. The Court emphasized the Board's duty to notify industrial parks upon approval by the Commerce Ministry, without conducting additional compliance investigations. The judgment highlighted that the Commerce Ministry holds the authority to revoke approval for non-compliance, leading to the loss of benefits. The Board was instructed to notify the industrial park within one month, contingent on the Commerce Ministry's approval continuity. en-us Tue, 21 Feb 2012 00:00:00 +0530 Thu, 05 Apr 2012 08:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211787 The Court granted the writ of mandamus, directing the Central Board of Direct Taxes to notify the petitioner's industrial park for benefits under Section 80-IA of the Income Tax Act. The Court emphasized the Board's duty to notify industrial parks upon approval by the Commerce Ministry, without conducting additional compliance investigations. The judgment highlighted that the Commerce Ministry holds the authority to revoke approval for non-compliance, leading to the loss of benefits. The Board was instructed to notify the industrial park within one month, contingent on the Commerce Ministry's approval continuity. Case-Laws Income Tax Tue, 21 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211787