TMI BlogDeductions - In Respect of Profits and Gains from Industrial Undertakings, or Enterprises Engaged In Infrastructure DevelopmentX X X X Extracts X X X X X X X X Extracts X X X X ..... has framed and notified a scheme for industrial park, by the notifications of Government of India vide number S.O. 50(E), dated the 8th January, 2008 subsequently amended vide Notification No. S.O. 1605(E), dated the 2nd July, 2008 and vide Notification S.O. No. 1210(E) dated 21.5.2010 . And whereas M/s Eldeco SIDCUL Industrial Park Ltd., having its registered office at 201-212, 2nd Floor, Splendor Forum, District Center Jasola, New Delhi-110025 is developing an Industrial Park placed at Village Chargalia, Jail Camp, Sitarganj, Udham Singh Nagar, Rudrapur, Uttarakhand, 262605. Now, therefore the Central Government, in exercise of the powers conferred by- clause (iii) of sub-section (4) of section 80-IA of the Act , the Cent ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... : 10% or less ( vii ) Minimum number of industrial units : 55 Units ( viii ) Date of commencement of the Industrial Park : 30.03.2009 2. The Industrial Park shall be construed as developed on the date of commencement i.e. 30.03.2009 as mentioned in the Certificate furnished by the undertaking and issued by the State Infrastructure and Industrial Development Corporation of Uttarakhand Ltd. 3. The industrial park should be owned by only one undertaking. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... aking must keep separate books of account for the industrial park and must file its income tax returns by the due date to the Income-tax department. 10. The notification will be invalid and M/s. Eldeco SIDCUL Industrial Park Limited shall be solely responsible for any repercussions of such invalidity, if ( i ) the application 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 the location of the industrial park for which notifica ..... X X X X Extracts X X X X X X X X Extracts X X X X
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