For the purpose of Section 80IA(4)(iii) - Industrial Park of M/s. RGA Software Systems Private Limited, Kolkata notified
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....Commerce and Industry (Department of Industrial Policy and Promotion) vide number S.O. I93(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. RGA Software Systems Private Limited, having registered office at No. 26, 8/D, Shakespeare Sarani, Dimple Court Kolkata-700 017, is developing an Industrial Park at Plot No. 61(P), II Phase, Electronic City, Hosur Road, Bangalore; And whereas the Central Government has approved the said Industrial Park vide Ministry of Commerce and Industr....
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....3 Units (viii) Total investments proposed (Amount in Rupees) : 20,56,47,880 (ix) Investment on built-up space for Industrial use (Amount in Rupees) : 13,50,97,880 (x) Investment on Infrastructure Development including investment on built-up space for industrial use (Amount in Rupees) : 19,42,12,956 (xi) Proposed date of commencement of the Industrial Park : 31.12.2005 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 ....
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...., 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. RGA Software Systems Private Limited, Kolkata, 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 t....
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