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    <title>For the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. Ferani Hotels Private Limited, Mumbai notified</title>
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    <description>Notification designates M/s. Ferani Hotels Private Limited&#039;s undertaking as an industrial park for the purposes of clause (iii) of sub section (4) of section 80IA, subject to annexed terms. Tax benefits are available only after the minimum number of industrial units are established and the promoter operates the park during the benefit period. The annexure prescribes location, area, permitted activities, allocable industrial and commercial proportions, minimum investment and infrastructure thresholds, infrastructure definition, unit occupancy limits, approval and FDI compliance, transfer notification requirements, delay and amendment consequences, and invalidation grounds for non compliance.</description>
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      <description>Notification designates M/s. Ferani Hotels Private Limited&#039;s undertaking as an industrial park for the purposes of clause (iii) of sub section (4) of section 80IA, subject to annexed terms. Tax benefits are available only after the minimum number of industrial units are established and the promoter operates the park during the benefit period. The annexure prescribes location, area, permitted activities, allocable industrial and commercial proportions, minimum investment and infrastructure thresholds, infrastructure definition, unit occupancy limits, approval and FDI compliance, transfer notification requirements, delay and amendment consequences, and invalidation grounds for non compliance.</description>
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