TaxTMI 
TaxTMI 
TaxTMI 
For the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. Akruti Nirman Limited, Mumbai. notified
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....ed by clause (iii) of sub-section (4) of section 80-IA of the Income-Tax Act, 1961 (43 of 1961) (hereinafter referred to as the said Act), has framed and notified a scheme for industrial park, by the notifications 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 be....
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....ined and operated by M/s Akruti Nirman Limited, Mumbai, as an industrial park for the purposes of the said clause (iii). ANNEXURE The terms and conditions on which the approval of the Government of India has been accorded for setting up of an industrial park by M/s. Akruti Nirman Limited, Mumbai. 1. (i) Name of the Industrial Undertaking : M/s. Akruti Nirman Limited, Mumbai (ii) Proposed ....
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....d (Amount in Rupees) : 96.52 crores (ix) Investment on built up space for Industrial use (Amount in Rupees). : 62 crores (x) Investment on Infrastructure Development including investment on built up space for industrial use (Amount in Rupees) : 87.83 crores 2. The minimum investment on infrastructure development in an Industrial Park shall not be less than 50% of the total project cost.....
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....rea of an Industrial Park. For this purpose a unit means any separate and distinct entity for the purpose of one and more State or Central tax laws. 5. Necessary approvals including that for foreign direct investment or non-resident Indian investment by the Foreign Investment Promotion Board or Reserve Bank of India or any authority specified under any law for the time being in force, shall be ta....