Under Section 80-IA, Sub-clause (iii) of sub-section (4) of the Income-tax Act, 1961 Central Government notifies M/s Softzone Tech Park Ltd., as an industrial park with terms and condition

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.... of Commerce and Industry (Department of Industrial Policy and Promotion), number S.O.354(E), dated the 1st day of April, 2002, for the period beginning on the 1st day of April, 1997 and ending on the 31st day of March, 2006; And whereas M/s Softzone Tech Park Ltd. situated at Survey No.80/1, 81/1, 81/2, Bellandur village, Varthur Hobli, Bangalore - 560037 is developing an Industrial Park at Survey No.80/1, 81/1, 81/2, Bellandur village, Varthur Hobli, Bangalore - 560037; And whereas the Central Government has approved the said Industrial Park vide Ministry of Commerce and Industry letter No.15/23/2006-IP&ID dated 25th July, 2006; Now, therefore, in exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of t....

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.... are for common use for industrial activity which are identifiable and are provided on commercial terms. 4. No single unit referred to in column (2) of the Table given in sub-paragraph (b) of paragraph 6 of S.O. 354(E) dated the 1st day of April, 2002, shall occupy more than fifty per cent of the allocable industrial area of an Industrial Park. For this purpose a unit means any separate and distinct entity for purpose of one and more State or Central tax laws. 5. Necessary approvals, including that for foreign direct investment or non-resident Indian investment by the Foreign Investment promotion Board or Reserve Bank of India or any authority specified under any law for the time being in force, shall be taken separately as per the policy....