M/s. Ascendas IT Park (Chennai) Ltd. Notified as an industrial park for the purposes of Section 80-IA(4)

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.....O. 51(E), dated the 8th January, 2008; And whereas M/s. Ascendas IT Park (Chennai) Ltd. having its registered office at 1st Floor, Pinnacle Building, International Tech Park, CSIR Road, Taramani, Chennai - 600 113 has developed an industrial park named "Crest" and "Zenith" at Plot No.9, Survey No.TS 8/1, Block No.9 Survey No.TS1/7, Block No.7, Survey No.TS 9/2 Block No.9 and Survey No.TS 1/1, Block No.7, Kanagam Village Thiruvanmiyur Village, Mambalam-Guindy Taluk/ Mylapore-Triplicane Taluka, Chennai, Tamil Nadu - 600 113. Now, therefore, in exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the said Act, read with rule 18C of the Income-tax Rules, 1962, the Central Government hereby notifies the unde....

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....y, 2008. (v) Percentage of allocable area earmarked for industrial use : 75% or more. (vi) Percentage of allocable area earmarked for commercial use : 10% or less. (vii) Minimum number of industrial units : 30 units. (viii) Date of commencement : 31st March, 2011. 2. The industrial park shall be construed as developed on the date of its commencement that is, the 31st March, 2011. 3. The industrial park should be owned by one undertaking. 4. The tax benefits under the Income-tax Act, 1961 shall be available to the undertaking only if minimum number of thirty industrial units are located in the industrial park and for the purpose of computing the minimum number of industrial units, all units of a person and his associated e....