https://www.taxtmi.com/notifications?id=5191 Notification under section 80-IA(4)(iii) designates M/s. Somu Properties Private Limited's Salarpuria Ascent development as an Industrial Park for specified tax benefits, subject to terms including: listed industrial activities; 100% industrial allocable area; minimum three units; stated investment and commencement date; prescribed minimum infrastructure expenditure thresholds; restriction on any single unit occupying more than fifty per cent of allocable area; separate statutory approvals for investments; tax benefits claimable only after the minimum units are present; operational continuity by the promoter; transfer intimation requirements; and grounds for invalidation or withdrawal for misinformation, undisclosed material facts, amendments without approval, or delayed commencement beyond one year. en-us Thu, 16 Nov 2006 00:00:00 +0530 Wed, 23 Jul 2008 11:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=5191 Notification under section 80-IA(4)(iii) designates M/s. Somu Properties Private Limited's Salarpuria Ascent development as an Industrial Park for specified tax benefits, subject to terms including: listed industrial activities; 100% industrial allocable area; minimum three units; stated investment and commencement date; prescribed minimum infrastructure expenditure thresholds; restriction on any single unit occupying more than fifty per cent of allocable area; separate statutory approvals for investments; tax benefits claimable only after the minimum units are present; operational continuity by the promoter; transfer intimation requirements; and grounds for invalidation or withdrawal for misinformation, undisclosed material facts, amendments without approval, or delayed commencement beyond one year. Notifications Income Tax Thu, 16 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/notifications?id=5191