Section 80-IA of the Income-tax Act, 1961 - Deductions - Profits and gains from industrial infrastructure undertakings, etc. - Notified undertakings.

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....e 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. Prasad Technology Park Private Limited having its registered office at #2/10, 3rd Floor, 80 Feet Road, Poojari Layout, RMV, 2nd stage, Bangalore-560094, is developing an Industrial Park at Plot No. 97, E.P.I.P. Industrial Area, Whitefield, Bangalore, Karnataka-560 066; AND WHEREAS the Central Government has approved the said Industrial Park vide Ministry of Commerce and Industry letter No. 15/62/2005-ID-II dated 13-4-2006 subject to the terms and conditions mentioned therein; NOW, THEREFORE, in exe....

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....ocable area earmarked for commercial use : 5.00% (vii) Minimum number of industrial units : 03 Units (viii) Total investments proposed (Amount in Rupees) : Rs. 10,52,24,434/- (ix) Investment on built up space for Industrial use (Amount in Rupees) : Rs. 8,26,67,565/- (x) Investment on Infrastructure Development including investment on built up space for industrial use (Amount in Rupees) : Rs. 10,52,24,434/- (xi) Proposed date of commencement of the Industrial Park : 30.11.2005 2. Necessary approvals, including that for foreign direct investment or non-resident Indian investment by the Foreign Investment Promotion Board or Reserve Bank of India or any authority specified under any law for the time being in force, shall ....