Just a moment...

Report
FeedbackReport
Welcome to TaxTMI

We're migrating from taxmanagementindia.com to taxtmi.com and wish to make this transition convenient for you. We welcome your feedback and suggestions. Please report any errors you encounter so we can address them promptly.

Bars
Logo TaxTMI
>
×

By creating an account you can:

Feedback/Report an Error
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home /

Approval of the Government of India has been accorded for setting up of an industrial park by M/s Romell Real Estate Pvt. Ltd.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e 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 notification of the Government of India in the Ministry of Finance (Department of Revenue, Central Board of Direct Taxes) vide number S.O. 51 (E), dated the 8th January, 2008; ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....g up of an industrial park by M/s Romell Real Estate Pvt. Ltd. (i) Name of the industrial undertaking : M/s Romell Real Estate Pvt. Ltd. (ii) Location : Plot A-3, Survey Number 586/2,4,6,7 Village Pahadi Goregoan,Taluka Borivali, Mumbai-400063, Maharashtra. (iii) Minimum constructed floor area : 15000 square meters (iv) Proposed industrial Activates : As defined in Industrial Park ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....trial park and for the purpose of computing the minimum number of industrial units, all units of a person and his associated enterprises shall 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 the allocable area. 6. The tax benefits under the Income-tax Act, 1961 shall be available only to the unde....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... of accounts for the industrial park and shall file its income tax returns by the due date before the Income-tax Department. 10. This notification shall be invalid, if- (i) the application on the basis of which the approval is accorded by the Central Government contains wrong information or misinformation or some material information has not been provided in it; (ii) it is for the location of t....