For the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur notified
X X X X Extracts X X X X
X X X X Extracts X X X X
....ications of the Government of India in the Ministry of Commerce and Industry (Department of Industrial Policy and Promotion) vide number S.O.193 (E), dated the 30th March, 1999, for the period beginning on the 1st day of April, 1997 and ending on the 31st day of March, 2002 and vide number S.O. 354(E), dated the 1st day of April, 2002, for the period beginning on the 1st day of April, 1997 and ending on the 31st day of March, 2006; AND WHEREAS M/s. Rajasthan State Industrial Development & Investment Corporation Limited, having registered office at Udyog Bhawan, Tilak Marg, Jaipur-302005 is developing a Growth Centre at Split Growth Centre, Kanri District-Bikaner, Rajasthan-334001; AND WHEREAS the Central Government has approved the sa....
X X X X Extracts X X X X
X X X X Extracts X X X X
....of industrial units : 209 Units (viii) Total investments proposed (Amount in Rupees) : 534.05 lakhs (ix) Investment on built up space for Industrial use (Amount in Rupees) : Nil (x) Investment on Infrastructure Development including investment on built up space for industrial use (Amount in Rupees) : 484.20 lakhs (xi) Proposed date of commencement of the Growth Centre : 31-3-2006 2. The minimum investment on infrastructure development in a Growth Centre shall not be less than 50% of the total project cost. In the case of a Growth Centre which provides built-up space for industrial use, the minimum expenditure on infrastructure development including cost of construction of industrial s....
X X X X Extracts X X X X
X X X X Extracts X X X X
...., 1961 are to be availed. 8. In case the commencement of the Growth Centre is delayed by more than one year from the date indicated in Para 1 (xi) of this notification, fresh approval will be required under the Industrial Park Scheme, 2002, for availing benefits under sub-section 4(iii) of section 80-IA of the Income-tax Act, 1961. 9. The approval will be invalid and M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur, shall be solely responsible for any repercussions of such invalidity, if (i) the application on the basis of which the approval is accorded by the Central Government contains wrong information/misinformation or some material information has not been provided in it. (ii) it is for t....
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
TaxTMI