For the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. SDE Engineers Limited, Hyderabad notified
X X X X Extracts X X X X
X X X X Extracts X X X X
....O. 193(E), dated the 30th March, 1999, for the period beginning on the lstday of April, 1997 and ending on 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 Ist day of April, 1997 and ending on 31st day of March, 2006; And whereas M/s. SDE Engineers Limited, Meenakshi House, 8-2-418, Road No. 7, Banjara Hills, Hyderabad-500 034, is developing an Industrial Park, namely "SDEPrameelaTechnoPark" at Survey No. 12P, KondapurVillage, Serilingampally, Ranga Reddy District, Andhra Pradesh; And whereas the Central Government has approved the said Industrial Park vide Ministry of Commerce and Industry letter No. 15/24/04-IP&ID dated22-9-2004 subject to the terms and conditions men....
X X X X Extracts X X X X
X X X X Extracts X X X X
....stment on built-up space for Industrial use (Amount in Rupees) : 2,200 lakhs (x) Investment on Infrastructure Development including investment on built-up space for industrial use (Amount in Rupees) : 5,250 lakhs (xi) Proposed date of commencement of the Industrial Park : September, 2004 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 space, shall not be less than 60% of the total project cost. 3. Infrastructure development shall include, roads (including approach road....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... 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. SDE Engineers Limited, Hyderabad, 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 another undertaking. 10. In case M/s. SDE Engineers Limited, Hyderabad, transfers the operation and maintenance of the industrial park (i.e., transf....