M/s. Indo-Global Infrastructure & Utility Services Pvt. Ltd. Notified as an industrial park for the purposes of Section 80-IA(4).
X X X X Extracts X X X X
X X X X Extracts X X X X
....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, by the notification of the Government of India in the Ministry of Finance (Department of Revenue, Central Board of Direct Taxes) vide number S.O. 51(E), dated the 8th January, 2008 and amended vide number S.O. 1605(E), dated 2nd July, 2008; 2. AND WHEREAS M/s. I....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... Satara, Maharashtra being developed and being 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 annexure to this notification. ANNEXURE The terms and conditions on which the approval of the Government of India has been accorded for setting up of an industrial park by M/s. Indo Glo....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... the date of commencement certificate from the local authority which is25-3-2009. 3. The industrial park should be owned by only one undertaking. 4. The tax benefits under the Act will be available to the undertaking only after minimum number of thirty units are located in the Industrial Park. For the purpose of computing the minimum number of industrial units, all units of a person and his asso....
X X X X Extracts X X X X
X X X X Extracts X X X X
....rastructure 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/misinformation or some material information has not been provided in it. ii. it is for the location of the industrial park for which notific....