For the purpose of Section 80IA(4)(iii) - Industrial Part of M/s. Golflinks Software Park Private Limited, Bangalore notified

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..... l Policy and Promotion) vide number S.O. 193(E), dated 30th March, 1999, for the period beginning on the 1stday of April, 1997 and ending on 31st day of March, 2002 and vide number S.O. 354(E), dated 1st day of April, 2002, for the period beginning on 1st day of April, 1997 and ending on 31st day of March, 2006; And whereas M/s. Golflinks Software Park Private Limited, having registered office at 16, St. Marks Road, Bangalore 560 001, is developing an Industrial Park at Embassy Golflinks Business Park, Challaghatta Village, Varthur Hoblitaluka, Bangalore-560 024; And whereas the Central Government has approved the said Industrial Park vide Ministry of Commerce and Industry letter No. 15/179/2005-IP&ID, dated 25-7-2006 subject to the terms .....

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..... e : 09.81% (vii) Minimum number of industrial units : 5 units (viii) Total investments proposed (Amount in Rupees) : 59,567.98 lakh (ix) Investment on built-up space for Industrial use (Amount in Rupees) : 44,205.08 lakh (x) Investment on Infrastructure Development including investment on built-up space for industrial use (Amount in Rupees) : 54,205.08 lakh (xi) Proposed date of commencement of the Industrial Park : December, 2005 2. The minimum investment on infrastructure development in an Industrial Park shall not be less than 50% of the total project cost. In the case of an Industrial Park which provides built-up space for industrial use, the minimum expenditure on infrastructure development including cost of construct .....

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..... 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. Golflinks Software Park Private Limited, Bangalore, shall be solely responsible for any repercussions of such invalidity, if (i) the application on the basis of which the approval is accorded by the Central Government contains wrong information/misinformation or some material information has not been provided in it. (ii) it is for the location of the industrial park for which appro .....

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