For the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. Shyamaraju & Company (India) Private Limited, Bangalore notified
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....stry of Commerce and Industry (Department of Industrial Policy and Promotion) vide number S.O.193(E), dated the 30^th March, 1999, for the period beginning on the 1^st day of April, 1997 and ending on the 31^st day of March, 2002 and vide number S.O. 354(E), dated the 1^st day of April, 2002, for the period beginning on the 1^st day of April, 1997 and ending on the 31^st day of March, 2006; And whereas M/s. Shyamaraju & Company (India) Privale Limited, Divyasree Chambers, 'A' Wing, No.11, O'Shaugnessy Road, Bangalore-560 025 has developed an Industrial Park namely, 'Divyasree Towers' at No. 55/A, Bannerghatta Road, Gurupanapalya, Bangalore; And whereas the Central Government has approved the said Industrial Park vide Ministry of Comme....
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.... -- Architectural and engineering and other technical consultancy activities E 8 89 895 -- Technical testing and analysis services (v) Percentage of allocable area earmarked for industrial use : 90.01% (vi) Percentage of allocable area earmarked for commercial : 9.86% (vii) Minimum number of industrial units : 3 Units (viii) Total investments proposed (Amount in Rupees) : 2050 lakhs (ix) Investment on built up space for Industrial use (Amount in Rupees). : 800 lakhs (x) Investment on Infrastructure Development including investment on built up space for industrial use (Amount in Rupees) : 1915 lakhs &nb....
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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. Shyamaraju & Company (India) Private 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 80IA 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 the notification, fresh approval will be required under the Industrial Park Scheme, 2002, for availing benefits under sub-section 4(iii) of section 80IA of the Income-tax Ac....
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