TaxTMI 
TaxTMI 
Minutes of the 128th meeting of the Board of Approval for SEZs held on 16th May, 2025
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....r setting up of IT/ITES SEZ at Sy. No. 285, Puppalguda Village, Rajendra Nagar Mandal, Ranga Reddy District, Telangana beyond 30.3.2025 The Board, after deliberations, granted extension of validity of LoA for a further period of one year, i.e., upto 30.03.2026. 128.2(ii) Request of M/s. Phoenix Spaces Pvt. Limited for further extension of the validity period of formal approval, granted for setting up of IT/ITES SEZ at Sy. No. 286 & 287, Puppalguda Village, Rajendra Nagar Mandal, Ranga Reddy District, Telangana beyond 30.3.2025 The Board, after deliberations, granted extension of validity of LoA for a further period of one year, i.e., upto 30.03.2026. 128.2(iii) Request of M/s. State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) for further extension of the validity period of LoA in respect of multi sector SEZ for granite processing at Bargur, Uthangari & Pochampalli Taluk, Krishnagiri District, Tamil Nadu beyond 31.3.2025 The Board, after deliberations, granted extension of validity of LoA for a further period of one year, i.e., upto 31.03.2026. Item No. 128.3: Request for extension of LoA of SEZ Unit [2 proposals - 128.3(i) -128.3(ii)] 128....
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.... area The Board, after deliberations, approved the proposal of M/s. Artesania Infraprojects LLP in M/s. GIFT SEZ for inclusion of additional land area of 1656 square meters and additional development rights for 1,65,335 square feet (15360.12 Square meters) i.e. the total plot area shall be 6664 square meters with total development rights for 61,811 square meters (6,65,335 square feet), in accordance with the Supplemental agreement-1 to co-developer agreement dated 23-10-2024 entered into with the Developer subject to standard terms and conditions as per the SEZ Act and Rules. Further, the Assessing Officer will have the right to examine the taxability of the income by way of lease rentals/down payment/premium etc. for the purpose of assessment under the prevalent Income-tax Act, 1961 and Income-tax Rules, 1962 as amended from time to time. The lease period shall be in accordance with DoC's Instruction No. 98 dated 29th August, 2019. 128.5(ii) Request of approved Co-Developer M/s. Savvy Realty Creators LLP, GIFT-SEZ, Gandhinagar, Gujarat for approval of additional built-up area - Reg. The Board, after deliberations, approved the proposal of M/s. Savvy Realty Creators LL....
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....ty of the income by way of lease rentals/down payment/premium etc. for the purpose of assessment under the prevalent Income-tax Act, 1961 and Income-tax Rules, 1962 as amended from time to time. The lease period shall be in accordance with DoC's Instruction No. 98 dated 29th August, 2019. 128.5(v) Proposal of M/s. Adhisthan Investments India Pvt. Limited, co- developer for surrender of land measuring an area of 4.822 Ha (11.916 acres) out of the allotted area of 94.76 Ha (234.157 acres) to M/s. Brandix India Apparel City Limited, Developer at Pudimadaka Road, Atchuthapuram Mandal, Visakhapatnam- reg. The Board, after deliberations, approved the proposal of M/s. Adhisthan Investments India Pvt. Limited for surrender of land measuring an area of 4.822 Ha (11.916 acres) out of the allotted area of 94.76 Ha (234.157 acres) to M/s. Brandix India Apparel City Limited, Developer at Pudimadaka Road, Atchuthapuram Mandal, Visakhapatnam 128.5(vi) Request of M/s ANSR Global Corporation Private Limited, Co- Developer in Embassy Property Developments Private Limited SEZ, at Outer Ring Road, Rachenahalli Village, Bangalore, Karnataka for expansion of built-up area The Board, afte....
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....^2) Building H2 (Annexure Building B) 9th Floor 3241.00 Building H2 (Annexure Building B) 10th Floor 3196.00 Block L3 6th Floor 5130.00 Total 11567.00 128.6(iii) M/s. Oxygen Business Park Private Limited, Developer - Proposal for demarcation of '23013 Square Meter at Ground floor, Podium floor & 1st to 6th floor, Tower-2' into Non-Processing area of IT/ITES SEZ at Plot No. 7, Sector-144, Noida (Uttar Pradesh), under Rule 11B of SEZ Rules, 2006. The Board, after deliberations, permitted the demarcation of the following area as Non-Processing Area in terms of Rule 11B of SEZ Rules, 2006: - '23013 Square Meter at Ground floor, Podium floor & 1st to 6th floor, Tower-2' 128.6(iv) Proposal of M/s. ACE Urban Hitech City Limited at Sy.No.53/1, Kesarapalli Village, Gannavaram Mandal, Krishna District, Andhra Pradesh for demarcation of the built-up area as Non-processing area under Rule-11(B) of SEZ Rules, 2006 The Board, after deliberations, permitted the demarcation of the following area as Non-Processing Area in terms of Rule 11B of SEZ Rules, 2006....
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....adu, notified area of 81.35 Hectares (201.03 acres). 128.7(iii) Proposal of M/s. ELCOT Limited for partial de-notification of 2.3997 Ha out of 80.8810 Ha of their IT/ITES SEZ at Gangaikondan Village, Tirunelveli Taluk & District, Tamil Nadu The Board, after deliberations, approved the partial de-notification of 2.3997 Ha out of 80.8810 Ha of M/s. ELCOT Limited, IT/ITES SEZ at Gangaikondan Village, Tirunelveli Taluk & District, Tamil Nadu 128.7(iv) Proposal of M/s. Infosys Limited IT SEZ for partial de- notification of 20.234 Ha out of 52.643 Ha of their IT/ITES SEZ at Scheme No. 151 & 169B, Village Tigariya Badshah and Bada Bangarda, near Super Corridor, Tehsil Hatod, Indore (M.P.) The Board, after deliberations, approved the partial de-notification of 20.234 Ha out of 52.643 Ha of M/s. Infosys Limited, IT/ITES SEZ at Scheme No. 151 & 169B, Village Tigariya Badshah and Bada Bangarda, near Super Corridor, Tehsil Hatod, Indore (M.P.) Agenda item no. 128.8: Request for setting up of new SEZ [1 proposal 128.8(i)] 128.8(i) Proposal of M/s. Rackbank Datacenters Pvt Limited for setting up of a SEZ for IT/ITES for Al Data Center at Plot No.CF7, Sector-22, Nava Raipur, ....