TMI BlogProfits and gains from industrial infrastructure undertakings, etc. purpose of Section 80-IA of the Income-tax Act, 1961X X X X Extracts X X X X X X X X Extracts X X X X ..... 743.- 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 park vide notification of the Government of India in the Ministry of Finance (Department of Revenue, Central Board of Direct Taxes) numb ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Cerebrum IT Park] being developed and maintained and operated by the said undertaking, as an industrial park for the purposes of the said clause. 4. The date of commencement of the aforesaid Industrial Park is 31st March, 2010. 5. The notification will be invalid and M/s. Kumar Housing Corporation Limited, Pune shall be solely responsible for any repercussions of such invalidity, if (i) t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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