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Rule 18C of Income Tax Rules 1962: Eligibility of Industrial Parks for Benefits-Sec 80-IA(4)(iii)

Rule 18C : Eligibility of Industrial Parks for benefits under section 80-IA(4)(iii)
(Chapter: IV - Tax Exemptions and Reliefs)

(1) The undertaking shall begin to develop, develop and operate or maintain and operate an industrial park any time during the period beginning on the 1st day of April, 2006, and ending on the 31st day of March, 2011.

(2) The undertaking and the Industrial Park shall be notified by the Central Government under the Industrial Park Scheme, 2008.

(3) The undertaking shall continue to fulfill the conditions envisaged in the Industrial Park Scheme, 2008.

Extra Notes for Readers:

- Rule 18C was substituted by the Income Tax (1st Amendment) Rules, 2008, w.e.f. 8-Jan-2008

Reference/Source: Check at Income Tax site for latest version of the Rules - link

This page was last updated on 17th October 2016.

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