For the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. Coretech Realty Private Limited, Bangalore notified
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....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. Coretech Realty Pvt. Limited, having its Registered Office at Divyasree Chambers, Wing-A, No.l1, OShaugnessy Road, Bangalore-560 025 has developed an Industrial Park at Plot No.l, Sy. No.l43, 212, 213, 214 & 215, EPIP Industrial Area, Hoodi Village, K.R., Puram Hobli, Bangalore; And whereas the Central Government has approved the said Industrial Park vid....
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....engineering and other technical consultancy activities. D 8 89 895 -- Technical testing and analysis services. (v) Percentage of allocable area earmarked for industrial use : 90.08% (vi) Percentage of allocable area earmarked for commercial use : 9.92% (vii) Minimum number of industrial units : 3 Units (viii) Total investments proposed (Amount in Rupees) : 11,519.96 lakhs (ix) Investment on built up spacefor Industrial use (Amount in Rupees) : 7257.57 lakhs (x) Investment on Infrastructure Development including investment on built-up space for industrial use (Amount in Rupees) : 10483.16 lakhs &....
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.... force. 6. The tax benefits under the Act can be availed of only after the number of units indicated in Para 1 (vii) of this Notification, are located in the Industrial Park. 7. M/s. Coretech Realty Private Limited, Bangalore shall continue to operate the Industrial Park during the period in which the benefits under clause (iii) of subsection (4) of section 80-IA of the Income-tax Act, 1961 are to be availed. 8. In case the commencement of the Industrial Park is delayed by more than one year from the date indicated in Para 1 (xi) of this notification, fresh approval willbe 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....
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