For the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. DLF Info City Developers (Kolkata) Limited, Gurgaon notified
X X X X Extracts X X X X
X X X X Extracts X X X X
....olicy 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. DLF Info City Developers (Kolkata) Limited, having registered office at 3rd Floor, B-Wing, Shopping Mall Complex, Arjun Marg, DLF City Phase-I, Gurgaon-122 002, is developing an Industrial Park at Plot No. 08-MAR, Block AF, New Town, PS Rajarhat, District 24-Parganas, West Bengal; And whereas the Central Government has approved the said Industrial Park vide Ministry of Commerce and Industry letter....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ties. G 8 89 895 - Technical testing and analysis services. (v) Percentage of allocable area earmarked for industrial use : 66% (vi) Percentage of allocable area earmarked for commercial use. : 10% (vii) Minimum number of industrial units : 6 Units (viii) Total investments proposed (Amount in Rupees) : 209.19 crores (ix) Investment on built up space for Industrial use (Amount in Rupees). : 124.96 crores (x) Investment on Infrastructure Development including investment on built up space for industrial use (Amount in Rupees) : 197.89 crores (xi) Proposed date of commencement of the Industrial Park : First Block July, 2005 Second Block - November, 2005 Third Block - February, 2006. 2. The minimum investment....
X X X X Extracts X X X X
X X X X Extracts X X X X
....re located in the Industrial Park. 7. M/s. DLF Info City Developers (Kolkata) Limited, Gurgaon, 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/s. DLF Info City Developers (Kolkata) Limited, Gurgaon, shall be solely responsible for any repercussions of such i....


TaxTMI
TaxTMI