Requirements to be satisfied by applicants for being eligible for concession envisaged under the section

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Full Text of the Document

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....al undertakings situated in urban areas if they shift their undertakings to some other areas with the prior approval of the Board. The obvious purpose for the enactment of section 280ZA is to encourage the dispersal of industries from urban areas. 2. In order to be eligible for the concession envisaged in section 280ZA, the following requirements have to be satisfied by the applicant : (a) the....