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

Last updated: 09 September 2020

Save Share

Quick Summary

This notification from the Ministry of Finance details a scheme for industrial parks under Section 80-IA of the Income Tax Act, 1961. It references a previous notification from April 1, 2002, which covered the period from April 1, 1997, to March 31, 2006. The notice specifically mentions M/s Softzone Tech Park Ltd. in Bangalore as developing an industrial park at a particular location.

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

Daily Limit Reached

You have reached your daily limit of 2 Free Notice & Circular

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?

No Ads
WhatsApp Community
Daily E-Newsletter
Unlimited Notice & Circular Access
Profile Visitors
Link Social Profiles
Featured Job Posts
Pro Badge
Expert GST Guidance
Unlimited Forum Replies
Download Content in PDF

1 Year PLAN - Rs.~~1999~~

1799

(Excl. of GST ₹323)

2 Years PLAN - Rs.~~3499~~

3149

(Excl. of GST ₹566)

BEST VALUE

3 Years PLAN - Rs.~~4999~~

4499

(Excl. of GST ₹809)

View all CCI PRO benefits

Already a PRO member? Login here for an ad-free experience. 07941056694

FAQ :

This notification is about a scheme for industrial parks under Section 80-IA of the Income Tax Act, 1961, as framed by the Central Government.

The relevant section is 80-IA, specifically clause (iii) of sub-section (4) of Section 80-IA of the Income-tax Act, 1961.

The earlier scheme, notified on April 1, 2002, covered the period beginning on April 1, 1997, and ending on March 31, 2006.

M/s Softzone Tech Park Ltd. is specifically mentioned as developing an Industrial Park.

The industrial park is being developed at Survey No.80/1, 81/1, 81/2, Bellandur village, Varthur Hobli, Bangalore – 560037.

Notification No : [Notification No. 72 /2020/F. No.178/111/2009-ITA-1
Source : http://egazette.nic.in/WriteReadData/2020/221603.pdf

Attached File : 322600_9607_221603.pdf

92 Views Comment Share Income Tax Report

Notification posted by

CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

Comments