TaxTMI 
TaxTMI 
U/S. 80-IA IT Act, 1961 - DEDUCTIONS - PROFITS AND GAINS FROM INDUSTRIAL INFRASTRUCTURE UNDERTAKINGS
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....on 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, by the notifications of the Government of India vide number S.O. 50 (E), dated the 8th January, 2008 subsequently amended vide Notification No. S.O. 1605 (E), dated 2nd July 2008 and vide Notification-S.O. No. 1210(E) dated 21.5.2010. And whereas M/s.....
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....he annexure of the 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. Rupa Infotech and Infrastructure Limited, New Delhi. (i) Name of the Industrial : Rupa Infotech & Infrustructure Limited, New Delhi. (ii) Proposed location : 401, Rupa Plaza, Jawahar Road is develo....
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....Navi Mumbai Municipal Corporation, Mumbai. 3. The Industrial Park should be owned by 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 associated enterprises will be treated as a ....
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.... the industrial park shall undertake only those activities as specified in Industrial Park Scheme, 2008. 9. The undertaking must keep separate books of account for the industrial park and must file its income tax returns by the due date to the income-tax department. 10. The notification will be invalid and M/s Rupa Infotech and Infrastructure Private Ltd., Mumbai shall be solely responsible ....