Deductions - In Respect Of Profits And Gains From Industrial Undertakings, Or Enterprises Engaged In Infrastructure Development

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....he 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 31st day of March, 2006; And whereas M/s. iLABS Hyderabad Technology Centre Private Ltd. having its registered office at iLABS Centre, Building No. 3, Plot No. 18, Software Units Layout, Madhapur, Hyderabad-500 081, is developing an Industrial Park at Plot No. 18, Software Units Layout Town/Tehsil-Madhapur, District-Hyderabad, AP-500 081; And whereas the Central Government has approved the said Industrial Park vide Ministry of Commerce and Industry letter No. 15/37/2006-ID-II dated 03-03-2009 subject to the terms and conditions mentioned therein as subsequently amended vide Ministry of Commerce and Industry l....

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.... and other technical consultancy activities E  8 89 895 -  Technical testing and analysis services   (v) Percentage of allocable area earmarked for Industrial use : 90.09% (vi) Percentage of allocable area earmarked for commercial use : 9.91% (vii) Minimum number of industrial units : 05 Units (viii) Total investments proposed (Amount in Rupees) : Rs.10,465 Lakhs (ix) Investment on built up space for Industrial use (Amount in Rupees) : Rs. 5,181 Lakhs (x) Investment on Infrastructure Development including investment on built up space for industrial use (Amount in Rupees) : Rs. 10,000 Lakhs (xi) Proposed date of commencement of t....

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....fter the number of units indicated in Para 1 (vii) of this Notification, are located in the industrial Park. 7. M/s. iLABS Hyderabad Technology Centre Pvt. Ltd., Hyderabad, shall continue to operate the Industrial Park during the period in which the benefits under clause (iii) of sub-section (4) of section 80-IA of the Income-tax Act, 1961 are to be availed. 8. In case the Industrial Park did not commence by 31-3-2006, fresh approval will be required under the Industrial Park Scheme, 2008 subject to the applicability under that Scheme 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 iLABS Hyderabad Technology Centre Pvt. Ltd., Hyderabad, shall be so....