Industrial Park operated by M/s. Indian Express Multimedia Limited, New Delhi, notified for the purposes of section 80-IA(4)(iii) of the Income-tax Act, 1961

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....the notifications of the Government of India in the Ministry 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. Indian Express Multimedia Limited, having registered office at 17, Hemkunt Colony, Opposite Nehru Place, New Delhi-110 048, is developing an Industrial Park at Plot No. 15 & 16, Sector 16-A, Noida, District -Noida, Uttar Pradesh-201 301; AND WHEREAS the Central Government has ....

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....gineering and other technical consultancy activities E 8 89 895 -- Technical testing and analysis services (v) Percentage of allocable area earmarked for industrial use : 90.00% (vi) Percentage of allocable area earmarked for commercial use : 10.00% (vii) Minimum number of industrial units : 04Units (viii) Total investments proposed (Amount in Rupees) : 43.00 Crores (ix) Investment on built-up space for Industrial use (Amount in Rupees). : 28.72 Crores (x) Investment on Infrastructure Development including investment on built-up space for industrial use (Amount in Rupees) : 37.50 Crores (xi) Proposed date of commencement of the Industrial Park ....

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....nly after the number of units indicated in Para 1(vii) of this Notification, are located in the Industrial Park. 7. M/s. Indian Express Multimedia Limited, New Delhi, 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 l(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. Indian Express Multime....