TaxTMI 
TaxTMI 
U/s. 80-IA of the IT Act, 1961 - Deductions - Profits and gains from industrial infrastructure undertakings, etc.
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....ECT TAXES) NOTIFICATION NO. 44/2015 New Delhi, the 8^th May, 2015 S.O. - Whereas the Central Government in exercise of the powers conferred by clause (iii) of sub-section (4) of section 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 num....
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....as an undertaking and the project named "Dosti Pinnacle" placed at Plot No. E-7, MIDC, Road No.22, Wagle Industrial Area, Panchpakhdi, Thane (West), Maharashtra for the purposes of the said clause (iii) subject to the terms and conditions mentioned in the annexure of the notification. ANNEXURE The terms and conditions on which the approval of the Government of india has been accorded f....
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....nt i.e. 29-3-2011 as mentioned in the Certificate furnished by the undertaking and issued by the Maharashtra Industrial Development Corporation, Thane. 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 industrial units are located in the Industrial Park. For the purpose of comp....
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....ant to the date of commencement of industrial park mentioned in this notification. 8. The Industrial units located in 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....