TMI BlogFor the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. SDE Engineers Limited, Hyderabad notifiedX X X X Extracts X X X X X X X X Extracts X X X X ..... nd Promotion) vide number S.O. 193(E), dated the 30th March, 1999, for the period beginning on the lstday of April, 1997 and ending on 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 Ist day of April, 1997 and ending on 31st day of March, 2006; And whereas M/s. SDE Engineers Limited, Meenakshi House, 8-2-418, Road No. 7, Banjara Hills, Hyderabad-500 034, is developing an Industrial Park, namely "SDEPrameelaTechnoPark" at Survey No. 12P, KondapurVillage, Serilingampally, Ranga Reddy District, Andhra Pradesh; And whereas the Central Government has approved the said Industrial Park vide Ministry of Commerce and Industry letter No. 15/24/04-IP ID dated22-9-2004 sub ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... consultancy activities (v) Percentage of allocable area earmarked for Industrial use : 90.40% (vi) Percentage of allocable area earmarked for commercial use : 9.60% (vii) Minimum number of industrial units : 42 units (viii) Total investments proposed (Amount in Rupees) : 6,000 lakhs (ix) Investment on built-up space for Industrial use (Amount in Rupees) : 2,200 lakhs (x) Investment on Infrastructure Development including investment on built-up space for industrial use (Amount in Rupees) : 5,250 lakhs (xi) Proposed date of commencement of the Industrial Park : September, 2004 2. The minimum investment ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , are located in the Industrial Park. 7. M/s. SDE Engineers Limited, Hyderabad, shall continue to operate the Industrial Park during the period in which the benefits under clause ( iii ) of sub-section (4) of section 80IA of the Income-tax Act, 1961 are to be availed. 8. In case the commencement of the Industrial Park is delayed by more than one year from the date indicated in Para l( xi ) of this notification, fresh approval will be required under the Industrial Park Scheme, 2002, for availing benefits under sub-section 4( iii ) of section 80-IA of the Income-tax Act, 1961. 9. The approval will be invalid and M/s. SDE Engineers Limited, Hyderabad, shall be solely responsible for any repercussions of such invalidity, if ( i ) the ap ..... X X X X Extracts X X X X X X X X Extracts X X X X
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