For the purpose of Section 80IA(4)(iii) - Industrial Park of M/s. State Infrastructure and Industrial Development of Uttaranchal Limited, Dehradun, Near Ranipur, Haridwar, Uttranchal notified

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..... r 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 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. State Infrastructure and Industrial Development Corporation of Uttaranchal Limited (earlier known as State Industrial Development Corporation of Uttaranchal), 2 New Cantt. Road, Dehradun, Uttranchal, is developing an Industrial Model Town near Ranipur, Haridwar, Ut .....

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..... % (vi) Percentage of allocable area earmarked for commercial use : 9.98% (vii) Minimum number of industrial units : 495 Units (viii) Total investments proposed (Amount in Rupees) : 165.00 Crores (ix) Investment on built-up space for Industrial use (Amount in Rupees) : NIL (x) Investment on Infrastructure Development including investment on built-up space for industrial use (Amount in Rupees) : 165.00 Crores (xi) Proposed date of commencement of the Industrial Park : 01.04.2005 2. The minimum investment on infrastructure development in an Industrial Model Town shall not be less than 50% of the total project cost. In the case of an Industrial Model Town which provides built-up space for industrial use, the minimum exp .....

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..... eriod 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 year from the date indicated in Para 1(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 80-1A of the Income Tax Act, 1961. 9. The approval will be invalid and M/s. State Infrastructure and Industrial Development Corporation of Uttranchal Limited, Dehradun, 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 .....

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