https://www.taxtmi.com/notifications?id=5049 The Central Government notifies M/s. Kirloskar Systems Limited's development as an Industrial Park for income-tax benefit purposes, specifying location, area, activity mix, land allocation percentages, minimum number of industrial units, commencement date, and investment thresholds. Conditions for tax benefit eligibility include minimum infrastructure expenditure proportions, a cap on single-unit occupancy of allocable industrial area, continuation of promoter operation during the benefit period, regulatory approvals for foreign or nonresident investment, and requirement of fresh approval if commencement is delayed. Approval is subject to withdrawal or invalidation for misinformation, misuse, nondisclosure, unauthorized amendments, or noncompliance, and transfer of operation requires joint intimation to the designated authority. en-us Wed, 26 Jul 2006 00:00:00 +0530 Tue, 22 Jul 2008 15:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=5049 The Central Government notifies M/s. Kirloskar Systems Limited's development as an Industrial Park for income-tax benefit purposes, specifying location, area, activity mix, land allocation percentages, minimum number of industrial units, commencement date, and investment thresholds. Conditions for tax benefit eligibility include minimum infrastructure expenditure proportions, a cap on single-unit occupancy of allocable industrial area, continuation of promoter operation during the benefit period, regulatory approvals for foreign or nonresident investment, and requirement of fresh approval if commencement is delayed. Approval is subject to withdrawal or invalidation for misinformation, misuse, nondisclosure, unauthorized amendments, or noncompliance, and transfer of operation requires joint intimation to the designated authority. Notifications Income Tax Wed, 26 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/notifications?id=5049