For the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. Subramanya Construction & Development Company Limited, Bangalore notified

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....ndia 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. Subramanya Construction & Development Company Limited, Bangalore, having registered office at No.4/1, Tumkur Road, Yeshwanthpur, Bangalore-560022, has developed an Industrial Park, at No. 12, Banerghatta Road, Bangalore; And whereas the Central Government has approved the said Industrial Park vide Ministry of Commerce and....

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....                     (v) Percentage of allocable area earmarked for industrial use : 100%   (vi) Percentage of allocable area earmarked for commercial use. : Nil   (vii) Minimum number of industrial units : 4 Units   (viii) Total investments proposed (Amount in Rupees) : 228.35 crore   (ix) Investment on built-up space for Industrial use (Amount in Rupees). : 141.52 crore   (x) Investment on Infrastructure Development including investment on built-up space for industrial use (Amount in Rupees) : 203.35 crore   (xi) Proposed date of Commencement of the Industri....

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....ailed of only after the number of units indicated in Para 1(vii) of this Notification, are located in the Industrial Park. 7. M/s. Subramanya Construction & Development Company Limited, Bangalore, shall continue to operate the Industrial Park during the period in which the benefits under clause (iii) of sub-section (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 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....