TMI BlogFor the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. Salarpuria Properties Private Limited, Kolkata. notifiedX X X X Extracts X X X X X X X X Extracts X X X X ..... t in exercise of the powers conferred by clause (iii) of sub-section(4) of section 80-IA of the Income-tax Act, 1961 (43 of 1961) (hereinafter referred to as the said Act), has framed and notified a scheme for industrial park, by the notifications 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 30 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the said Act, the Central Government hereby notifies the undertaking, developed and being maintained and operated by M/s Salarpuria Properties Private Limited, Kolkata, as an industrial park for the purposes of the said clause (iii). ANNEXURE The terms and conditions on which the approval of the Government of India has b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tments proposed (Amount in Rupees) 40.52 crores (ix) Investment on built up space for Industrial use (Amount in Rupees). : 21.19 crores (x) Investment on Infrastructure Development including investment on built up space for industrial use (Amount in Rupees) : 31.21 crores 2. The minimum investment on infrastructure development in an Industrial Park shall not be less than 50% of the total ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e 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 for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Secretariat for Industrial Assistance, Department of Industrial Policy and Promotion, Udyog Bhawan, New Delhi-11 along with a copy of the agreement executed between the transferor and transferee undertaking for the aforesaid transfer. 9. The Central Government may withdraw the above approval in case the M/s. Salarpuria Properties Private Limited, Kolkata fails to comply with any of the conditio ..... X X X X Extracts X X X X X X X X Extracts X X X X
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