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    <title>Section 80-IA(4)(iii) of the Income-tax Act, 1961 - Deductions - In respect of profits and gains from industrial undertakings, etc., in certain cases - Notified undertaking which develops, operates and maintains an industrial park - Kolte Patil Developers Ltd. notified u/s 80-IA(4)(iii)</title>
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    <description>The Central Government notifies M/s Kolte Patil Developers Limited&#039;s Project Giga Space at Lohgaon, Pune, as an industrial park under clause (iii) of sub section (4) of section 80 IA read with Rule 18C, subject to conditions including minimum constructed floor area of 15,000 sq. metres, at least 75% allocable area for industrial use, maximum 10% commercial use, minimum thirty industrial units (associated enterprises counted as one), ownership by the notifying undertaking, separate books and timely returns, annual Form IPS II reporting, and invalidation/withdrawal for misinformation or non compliance.</description>
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    <pubDate>Fri, 19 Feb 2010 00:00:00 +0530</pubDate>
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      <description>The Central Government notifies M/s Kolte Patil Developers Limited&#039;s Project Giga Space at Lohgaon, Pune, as an industrial park under clause (iii) of sub section (4) of section 80 IA read with Rule 18C, subject to conditions including minimum constructed floor area of 15,000 sq. metres, at least 75% allocable area for industrial use, maximum 10% commercial use, minimum thirty industrial units (associated enterprises counted as one), ownership by the notifying undertaking, separate books and timely returns, annual Form IPS II reporting, and invalidation/withdrawal for misinformation or non compliance.</description>
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