https://www.taxtmi.com/notifications?id=4666 Notification designates M/s. Primal Projects Private Limited's undertaking at PriTechPark, Bellandur, Bangalore as an industrial park for purposes of clause (iii) of sub-section (4) of section 80-IA, subject to annexed terms: specified location, area, primary activity (software supply services), 95% industrial and 5% commercial allocation, minimum number of units, proposed investments and commencement date. Tax benefits accrue only after the minimum units are located. Conditions include minimum infrastructure investment thresholds (50% generally; 60% where built-up industrial space provided), qualifying infrastructure items, a cap of 50% allocable industrial area per single unit, requirement for statutory approvals, operator continuity, transfer notification, and invalidation or withdrawal for misinformation, non-disclosure, unauthorized amendment, or non-compliance. en-us Thu, 31 May 2007 00:00:00 +0530 Sat, 19 Jul 2008 16:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=4666 Notification designates M/s. Primal Projects Private Limited's undertaking at PriTechPark, Bellandur, Bangalore as an industrial park for purposes of clause (iii) of sub-section (4) of section 80-IA, subject to annexed terms: specified location, area, primary activity (software supply services), 95% industrial and 5% commercial allocation, minimum number of units, proposed investments and commencement date. Tax benefits accrue only after the minimum units are located. Conditions include minimum infrastructure investment thresholds (50% generally; 60% where built-up industrial space provided), qualifying infrastructure items, a cap of 50% allocable industrial area per single unit, requirement for statutory approvals, operator continuity, transfer notification, and invalidation or withdrawal for misinformation, non-disclosure, unauthorized amendment, or non-compliance. Notifications Income Tax Thu, 31 May 2007 00:00:00 +0530 https://www.taxtmi.com/notifications?id=4666