TaxTMI 
TaxTMI 
For the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. RMZCorp Holdings Private Limited, Bangalore notified
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....on) 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. RMZCorp Holdings Private Limited, The Millennia Tower B, Level 12-14, 1&2 Murphy Road, Ulsoor, Bangalore, is developing an Industrial Park namely, RMZ Futura at Plot No. 14 & 15, Hitec City Layout, Madhapur Village, Serilingampalli Mandal, Hyderabad, District, Ranga Reddy, Andhra Pradesh-500 081; And whereas the Central Government has approved the said Industrial Park vide Ministry of Commerce and Industry letter ....
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....l investments proposed (Amount in Rupees) : 1,29,94,92,000 (ix) Investment on built up-space for Industrial use (Amount in Rupees) : 72,69,92,000 (x) Investment on Infrastructure Development including investment on built up space for industrial use (Amount in Rupees) : 1,29,94,92,000 (xi) Proposed date of commencement of the Industrial Park : (i) Block A - 30.11.04 (ii) Block B - 30.04.05 (iii) Block C - 31.08.05 2. The minimum investment on infrastructure development in an Industrial Park shall not be less than 50% of the total project cost. In the case of an Industrial Park, which provides built-up space for industrial use, the minimum expenditure on infrastructure development including cost of construction of industrial ....
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....ment of the Industrial Park is delayed by more than one year from the date indicated in Para 1 (xi) of this notification, fresh approval shall 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 shall be invalid and M/s. RMZCorp. Holdings Private Limited, 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 the location of the Industrial Park for which approval has already been accorded in the name of anoth....