Section 80-IA(4)(iii) - Eligible projects or schemes - Industrial Park Scheme, 2008

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....- Whereas the Central Government in exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the Income-tax Act, 1961(43 of 1961) (hereinafter referred to as the said Act), has framed and notified a scheme for industrial park, vide notification of the Government of India in the Ministry of Finance (Department of Revenue, Central Board of Direct Taxes) number S.O. 51(....

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....la Corporate Park Off, Ganpatrao, Kadam Marg, Lower Parel (West), Mumbai 400013, being developed and maintained and operated by the said undertaking, as an industrial park for the purposes of the said clause (iii) subject to the terms and conditions mentioned in the Schedule appended to this notification. The terms and conditions on which the approval of the Government of India has been accorded ....

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....l Park 01.02.2010; 2. The Industrial Park shall be construed as developed on the date of commencement certificate from the local authority which is the 1st February, 2010. 3. The industrial park should be owned by only one undertaking. 4. The tax benefits under the Act shall be available to the undertaking mentioned in 1(i) only after minimum numbers of thirty units are located in the Industri....

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....t file its income tax returns by the due dote to the Income-tax department. 9. The notification shall be invalid and M/s. Marathon Nextgen Realty Limited shall be solely responsible for any repercussions of such invalidity, if - (i) the application and subsequent documents furnished by it, on the basis of which the notification is issued by the Central Government contains wrong information or mi....