2004 (6) TMI 618

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Full Text of the Document

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.... tax exemption in respect of new industrial unit under Government order, S.R.O. No. 1092 of 1999 as amended by S.R.O. No. 295 of 2000. In order to be eligible for the benefit of exemption, the unit should have taken effective steps for setting up of the industry before January 1, 2000. All that the petitioner has done was to acquire land for the industry prior to January 1, 2000 and nothing else w....