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Deduction u/s 80-IA - Notifies M/s. Ferani Hotels Pvt. Ltd. having its registered address at B, 2nd Floor, 623 Linking Road, Khar (W), Mumbai, has developed an Industrial Park at Bldg. Nos. 1, 4, 11, 14 & 21, 827A/4A(pt.), Malad, Mumbai Suburban District, Maharashtra

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..... TRAL BOARD OF DIRECT TAXES) NOTIFICATION New, Delhi the 6th November, 2012 (INCOME-TAX) Notification No. 47/2012 Dated 6-11-2012 S.O. 2687(E)- Whereas the Central Government 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 p .....

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..... oad, Khar (W), Mumbai, has developed an Industrial Park at Bldg. Nos. 1, 4, 11, 14 & 21, 827A/4A(pt.), Malad, Mumbai Suburban District, Maharashtra being developed and being maintained and operated by the said undertaking, as an industrial park for the purposes of the said clause (iii) subject to the terms and conditions mentioned in the annexure to this notification. ANNEXURE The terms and cond .....

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..... The Industrial Park shall be construed as developed on the date of commencement certificate from the local authority which is 28.03.2011. 3. The industrial park should be owned by only one undertaking. 4. The tax benefits under the Act will be available to the undertaking only after minimum number of thirty units are located in the Industrial Park. For the purpose of computing the minimum numbe .....

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..... The notification will be invalid and M/s. Ferani Hotels Pvt. Ltd., Mumbai shall be solely responsible for any repercussions of such invalidity, if i. the application and subsequent documents furnished by it, on the basis of which the notification is issued by the Central Government contains wrong information/misinformation or some material information has not been provided in it. ii. it is for t .....

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