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Deduction u/s 80-IA - Notifies M/s. India Land and Properties Pvt. Ltd. having its registered address at Plot No. 14, 3rd Main Road, Ambattur Industrial Estate, Chennai, has developed an Industrial Park at Indian Land Tech Park Tower AB and Tower C At Survey No. 195 part, 196 part, 197 part, 198 part, 199 part and 200 part of Mannurpet Village and 6 part, 7 part, 8 part and 10 part, of Athipet Village, Village Mannurpet and Athipet, Taluka Ambattur, District Thiruvallur, Tamil Nadu

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..... lage, Village Mannurpet and Athipet, Taluka Ambattur, District Thiruvallur, Tamil Nadu
48/2012 Dated:- 6-11-2012 Income Tax
Income Tax
Section 080-IA
IT
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 6th November, 2012 (INCOME-TAX) Notification No. 48/2012 DATED 6-11-2012 S.O.2686 (E).- Whereas the Central Governmen .....

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..... illage and 6 part, 7 part, 8 part and 10 part, of Athipet Village, Village Mannurpet and Athipet, Taluka Ambattur, District Thiruvallur, Tamil Nadu. 3. Now, therefore, in exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the said Act read with Rule 18C of the Income Tax Rules, 1962, the Central Government hereby notifies M/s. India Land and Properties Pvt. Lt .....

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..... and Properties Pvt. Ltd., Chennai. 1. (i) Name of the Industrial Undertaking, : M/s. India Land and Properties Pvt. Ltd., Chennai (ii) Location : Plot No. 14, 3rd Main Road, Ambattur Industrial Estate, Chennai-600058 (iii) Minimum Constructed Floor Area : 163052.08 Square Meters (iv) Proposed industrial activities : As defined in Industrial Park (Amendment) Scheme, 2010 (v) Per .....

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..... ustrial unit, along with the units of an associated enterprise, shall occupy more than twenty five per cent of the allocable area. 6. The tax benefits under the Act will be available only to the undertaking notified vide this notification and not to any other person who may subsequently develop, develops and operates or maintains and operates the notified industrial park, for any reason. 7. The .....

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..... dertaking. 10. The undertaking shall furnish an annual report to the Central Board of Direct Taxes in Form IPS-II. 11. The conditions mentioned in this notification as well as those included in the Industrial Park (Amendment) Scheme, 2010 should be adhered to during the period for which benefits under this scheme are to be availed. The Central Government may withdraw the above approval in case t .....

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