Notification No. 72/2020 [F. No.178/111/2009-ITA-1]/ SO 3035(E)


Quick Summary
This notification, dated 8th September 2020, concerns the Income Tax Act, 1961, specifically Section 80-IA(4)(iii). It refers to a previously notified scheme for industrial parks, originally effective from April 1, 1997, to March 31, 2006. The notification highlights M/s Softzone Tech Park Ltd., located in Bellandur village, Bangalore, as developing an industrial park at specific survey numbers.

MINISTRY OF FINANCE

(Department of Revenue)

(CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION

New Delhi, the 8th September, 2020

INCOME TAX

S.O. 3035(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 park, vide notification of the Government of India in the Ministry of Commerce and Industry (Department of Industrial Policy and Promotion), number S.O.354(E), dated the 1st day of April, 2002, for the period beginning on the 1st day of April, 1997 and ending on the 31st day of March, 2006;

And whereas M/s Softzone Tech Park Ltd. situated at Survey No.80/1, 81/1, 81/2, Bellandur village, Varthur Hobli, Bangalore – 560037 is developing an Industrial Park at Survey No.80/1, 81/1, 81/2, Bellandur village, Varthur Hobli, Bangalore – 560037;

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FAQ :

The notification relates to a scheme for industrial parks under Section 80-IA(4)(iii) of the Income-tax Act, 1961.

The original scheme for industrial parks was notified on April 1, 2002.

The original scheme was valid for the period beginning on April 1, 1997, and ending on March 31, 2006.

M/s Softzone Tech Park Ltd. is mentioned in this notification.

M/s Softzone Tech Park Ltd. is located at Survey No.80/1, 81/1, 81/2, Bellandur village, Varthur Hobli, Bangalore – 560037.

M/s Softzone Tech Park Ltd. is developing an Industrial Park at their Bangalore location.

 

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