TMI BlogFor the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. Hiranandani Builders, Mumbai notifiedX X X X Extracts X X X X X X X X Extracts X X X X ..... 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. Hiranandani Builders, 514, Dalamal Towers, 211, Nariman Point, Mumbai-400 021, is developing an Industrial Park at Winchester Industrial Park CTS No. 22, 23, 27 to 30 (all parts), Village Powai 11 PT. of Village Chandivli, District - Mumbai, Maharashtra 76; AND WHEREAS the Central Government has approved the said Industrial Park vide Ministry of Commerce and Industry letter No. 15/58/2006-ID dated 10-4-20 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rocessing, 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 : 100% ( vi ) Percentage of allocable area earmarked for commercial use : Nil ( vii ) Minimum number of industrial units : 10 Units ( viii ) Total investments proposed (Amount in Rupees) : 80,72,86,896.26 ( i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r 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. Hiranandani Builders, Mumbai, shall continue to operate the Industrial Park during the period in which the benefits under clause ( iii ) of sub-section (4) of section 80-IA 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 yea ..... X X X X Extracts X X X X X X X X Extracts X X X X
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