Deductions - In Respect of Profits and Gains from Industrial Undertakings, or Enterprises Engaged In Infrastructure Development

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....the Act), has framed and notified a scheme for industrial park, by the notifications of Government of India vide number S.O. 50(E), dated the 8th January, 2008 subsequently amended vide Notification No. S.O. 1605(E), dated the 2nd July, 2008 and vide Notification S.O. No. 1210(E) dated 21.5.2010. And whereas M/s Eldeco SIDCUL Industrial Park Ltd., having its registered office at 201-212, 2nd Floor, Splendor Forum, District Center Jasola, New Delhi-110025 is developing an Industrial Park placed at Village Chargalia, Jail Camp, Sitarganj, Udham Singh Nagar, Rudrapur, Uttarakhand, 262605. Now, therefore the Central Government, in exercise of the powers conferred by-clause (iii) of sub-section (4) of section 80-IA of the Act, ....

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....veloped on the date of commencement i.e. 30.03.2009 as mentioned in the Certificate furnished by the undertaking and issued by the State Infrastructure and Industrial Development Corporation of Uttarakhand Ltd. 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 associated enterprises will be treated as a single unit. 5.   No industrial unit, along with the units of an associated enterprise, shall occupy more than twenty five per cent of th....