For the purpose of Section 80IA(4)(iii) - Industrial Park of M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur notified
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....inistry of Commerce and Industry (Department of Industrial Policy and Promotion) vide number S.O. I93(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. Rajasthan State Industrial Development & Investment Corporation Limited, having registered office at Udyog Bhawan, Tilak Marg, Jaipur-302005 is developing an Industrial Park at Industrial Area Rampura Mewatiyan, Beawar-III, District-Ajmer, Rajasthan; And whereas the Central Government has approved the said Industrial Park vide Ministry of....
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.... on built-up space for Industrial use (Amount in Rupees) : Nil (x) Investment on Infrastructure Development including investment on built-up space for industrial use (Amount in Rupees) : 119.10 lakhs (xi) Proposed date of commencement of the Industrial Park : 01-04-2001 2. The minimum investment on infrastructure development in this Industrial Park shall not be less than 48.39% of the total project cost as this case has been approved by the Empowered Committee, as it pertains to State Government and shortfall is less than 5% in the proposed investment on infrastructure development, which is 48.39% of the total investment of the project against 50% required as per Industrial Park Scheme, 2002. 3. Infrastructure development shall ....
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.... 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. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur, 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 und....
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