Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

For the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. DLF Info City Developers (Kolkata) Limited, Gurgaon notified

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ifications of the Government of India in the Ministry of Commerce and Industry (Department of Industrial Policy and Promotion) vide number S.O. 193(E), dated the 30th March, 1999, for the period beginning on the 1st day of April, 1997 and ending on the 31st day of March, 2002 and vide 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. DLF Info City Developers (Kolkata) Limited , having registered office at 3rd Floor, B-Wing, Shopping Mall Complex, Arjun Marg, DLF City Phase-I, Gurgaon-122 002 , is developing an Industrial Park at Plot No. 08-MAR, Block AF, New Town, PS Rajarhat, District 24-Parganas, West Bengal ; An .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... -- -- -- Electricity, Gas Water. C 7 75 -- -- Communication Services D 8 89 892 -- Data Processing, Software Development and Computer consultancy services. E 8 89 893 -- Business and management consultancy activities. F 8 89 894 -- Architectural and engineering and other technical consultancy activities. G 8 89 895 - Technical testing and analysis services. ( v ) Percentage of allocable area earmarked for industrial use : 66% ( vi ) Percentage of allocable area earmarked for commercial use. : 10% .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 02, shall occupy more than fifty percent of the allocable industrial area of an Industrial Park . For this purpose a unit means any separate and distinct entity for the 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 and procedures in force. 6. The tax benefits under the Act can be availed of only after the number of units indicated in Para 1 (vii) of this Notification, are located in the Industrial Park . 7. M/s. DLF Info City Developers (Kolkata) L .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ent executed between the transferor and transferee undertaking for the aforesaid transfer. 11. The conditions mentioned in this notification as well as those included in the Industrial Park Scheme, 2002 should be adhered to during the period for which benefits under this scheme are to be availed. The Central Government may withdraw the above approval in case M/s DLF Info City Developers (Kolkata) Limited, Gurgaon , fails to comply with any of the conditions. 12. Any amendment of the project plan without the approval of the Central Government or detection in future, or failure on the part of the applicant to disclose any material fact, will invalidate the approval of the Industrial Park . [F. No. 178/45/2005-ITA-I] - Notificatio .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates