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    <title>For the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. Maddi Lakshmaiah &amp; Co. Limited, Guntur notified</title>
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    <description>Notification under clause (iii) of sub-section (4) of Section 80-IA notifies M/s. Maddi Lakshmaiah &amp; Co. Limited&#039;s undertaking as an industrial park at ML Towers, Navi Mumbai, conditioning tax incentives on specified operational prerequisites. The annexure prescribes permitted services, park area and allocable percentages, minimum number of units, project investment and commencement date, and mandates infrastructure expenditure thresholds (50% general, 60% where built-up industrial space is provided). Approval is subject to compliance, necessary statutory approvals, limits on single-unit occupation, operation by the promoter during the benefit period, and procedures for transfer; noncompliance, misinformation, unauthorized amendments or delayed commencement may invalidate approval or require fresh approval.</description>
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