TMI BlogU/S. 80-IA IT Act, 1961 - DEDUCTIONS - PROFITS AND GAINS FROM INDUSTRIAL INFRASTRUCTURE UNDERTAKINGS,X X X X Extracts X X X X X X X X Extracts X X X X ..... ernment 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 and S.O. 1201(E) dated 1st December, 1999, for the period beginning on the 1st day of April, 1997 and ending on the 31st day of March, 2002; And whereas M/s. Creative Infocity Limited, having office at Infocity, Airport Road, Near Indroda Circle, Gandhinagar-382009, has developed an Industrial Park at lndroda Circle, Gandhinagar, Gujarat; And whereas the Central Government has approved the said Industrial Park vide Ministry of Commerce and Industry letter No. 15(3)/2001-IP ID dated 21-06-2001 subject to the terms and conditions mentioned in the annexure to this notification; ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ndustrial Undertaking M/s. Creative Infocity Limited, (ii) Proposed location Indroda Circle, Gandhinagar Gujarat (iii) Area of Industrial Park 185 Acres (iv) Proposed activities Nature of Industrial activity with NIC code NIC Code Description S.No. Section Division Group Class i. 3 36 367 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 50 Units (viii) Total investment proposed (Amount in Rupees) 504.39 crores (ix) Investment on built-up space for Industrial use (Amount in Rupees) 450.47 crores (x) Investment on Infrastructure Development including investment on built up space for industrial use (Amount in Rupees) 504.39 crores (xi) Proposed date of the commencement of the Industrial Park (as mentioned in the approval letter No. 15(3)/2001-IP ID dated 21-06-2001 issued by Ministry of Commerce) September 2001 2 . Ne ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... undertaking) to another undertaking (i.e., the transferee undertaking), the transferor and transferee shall jointly intimate to the Entrepreneurial Assistance Unit of the Secretariat for Industrial Assistance. Department of Industrial Policy and Promotion, Udyog Bhawan, New Delhi-11 along with a copy of the agreement executed between the transferor and transferee undertaking for the aforesaid transfer. 8 . The conditions mentioned in this notification as well as those included in the approval letter No. 15(3)/2001-IP ID dated 21-06-2001 issued by the Ministry of Commerce 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 M/s. Cre ..... X X X X Extracts X X X X X X X X Extracts X X X X
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