Notification No. 134

Undertaking notified under section 0

What this is

Notification No. 134 was published on 28 April 2005. Its subject is Undertaking notified under section 0.

The provisions it speaks to

Left, the provision of the Income-tax Act, 1961 as the instrument itself names it. Right, the section of the Income-tax Act, 2025 that the department’s own concordance maps it to — which is where the same ground is now covered.

Under the 1961 Act	Now
s.0	no counterpart recorded
s.1	s.1
s.5	s.5
s.7	s.7
s.8	s.7
s.9	s.9

The instrument, as the Board published it

The words below are the department’s own, reproduced from its published text. Where the department’s copy carried a publisher’s notes after the instrument, those are not reproduced.

NOTIFICATION NO. 134/2005, DATED 28-4-2005

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 said Act), has framed, and notified a scheme for industrial park, by the notification of the Government of India in the Ministry of Commerce and Industry (Department of Industrial Policy and Promotion) vide S.O. 354(E) dated the 1st April, 2002, for the period beginning on the 1 «t day of April, 1997 and ending on the 31st day of March, 2006;
And whereas M/s. Bagmane Developers Private Limited having its registered office at No.7/2, Langford Gardens, Bangalore-560 025, has developed, maintains and operates an industrial park;
And whereas the Central Government has approved the said Industrial Park subject to terms and conditions mentioned in the annexure to this notification;
Now, therefore in exercise of the powers conferred by clause (iii ) of subsection (4) of section 80 IA of the said Act, the Central Government hereby notifies the undertaking, developed and being maintained and operated by M/s. Bagmane Developers Private Limited, Bangalore, as an industrial park for the purposes of the said clause (iii).
ANNEXURE
The terms and conditions on which the approval of Government of India has been accorded for setting up of an industrial park by M/s. Bagmane Developers Private Limited

1.

(i)

Name of the Industrial Undertaking

:

M/s. Bagmane Developers Pvt. Limited

(ii)

Proposed location

:

Address: Bagmane Enclave, Khatha No. 66/1, C.V. Raman Nagar, K.R. Puram Hobli, Bangalore South, Karnatka.

District : Bangalore South

State : Karnataka

Pin Code:

Tel No.:

Fax No.:

(iii)

Proposed area of Industrial Park

:

52 acres

(iv)

:

Proposed activities

Nature of industrial activity with NIC code

NIC Code

Description

S. No.

Section

Division

Group

Class

A

8

89

892

-

Software supply services

B

3

36

367

-

Hardware manufacturing

C

3

36

365

365.5

Telecom manufacturing

(v)

Percentage of allocable area proposed for industrial use

:

95%

(vi)

Percentage of land earmarked for commercial use

:

05%

(vii)

Proposed number of industrial units

:

35units

(viii)

Total investments proposed (Amount of Rupees)

Rs. 220.0 crore

(ix)

Investment on built up space for industrial use (Amount of Rupees)

:

Rs. 120.0 crore

(x)

Investment on Infrastructure Development including Investment on built up space for industrial use (Amount in Rupees)

:

Rs. 220.0 crore

2. The minimum percentage of the area to be allocated for industrial use shall not be less than sixty-six percent of the total allocable area.
3. Industrial use shall include any activity defined in the National Industrial Classification 1987, code issued by the Central Statistical Organisation, Department of Statistics, Ministry of Planning and Programme Implementation, except the following codes:

Section 0

Section 1

Section 5

Section 7

excluding Division 75

Section 8

excluding Groups 892, 893,894,895

Section 9

Section X

Section XI

4. The percentage of land to be earmarked for commercial use shall not be more than ten percent of the allocable area.
5. In case of an Industrial Model Town, Industrial Park and Growth Centre, the minimum investment on infrastructure development shall not be less than 50% of the total project cost. In the case of an Industrial Park and Growth Centre which provides built-up space for industrial use, the minimum expenditure on infrastructure development including cost of construction of industrial space, shall not be less than 60% of the total project cost.
6. Infrastructure development shall include, roads (including approach roads], water supply and sewerage, common effluent treatment facility, telecom network, generation and distribution of power, air-conditioning and such other facilities as are for common use for industrial activity which are identifiable and are provided on commercial terms.
7. No single unit referred to in column (2) of the Table given in sub-paragraph (b) of paragraph 6 of S.O. 354(E) dated the 1st April, 2002, shall occupy more than fifty percent of the allocable industrial area of an Industrial Model Town or Industrial Park or Growth Centre. For this purpose a unit means any separate and distinct entity for the purpose of one and more state or Central tax laws.
8. Necessary approvals including that for foreign direct investment or non resident Indian investment by the Foreign Investment Promotion Board or Reserve Bank of India or any authority specified under any law for the time being in force, shall be taken separately as per the policy and procedures in force.
9. M/s. Bagmane Developers Pvt. Limited, Bagmane Enclave, Khatha No.66/1, C.V. Raman Nagar, K.R. Purm Hobli, Bangalore South Karnataka shall continue to operate the Industrial Park during the period in which the benefits under clause (iii ) of sub-section (4) of section 801A of the Income-tax Act, 1961 are to be availed.
10. The Central Government may withdraw the above approval in case the Bagmane Developers Private Limited, Bangalore fail to comply with any of the conditions in the grant of approval.
11. Any amendment of the project plan without the approval of the Central Government or detection in future, or failure on the part of the applicant to disclose any material fact, will invalidate the approval of the industrial park.
[F. NO. 178/24/2004-ITA-l]

On the same provision

Other instruments in this library that name the same provision of the 1961 Act. They are not necessarily still operative, and a later one may have replaced an earlier one without saying so.

Notification No. 262 — Section 80-IA of Income-tax Act 29 December 2005
Notification No. 70/2026 [F. No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2768(E) : Infrastructure Sub-sector Businesses Notified under Schedule V — 2 the Gazette of INDIA : Extraordinary [Part Ii—sec. 3(ii)] 1 June 2026
Notification No. 17/2023 [F. No. 500/05/2018-FT&TR-III] — Ministry of Finance 6 April 2023
Circular No. 22/2022 — Condonation of delay under section 119 2 b of the income tax act 1961 in filing of form no.10a 1 November 2022
Circular No. 41/2016 — Circular No.41 of 2016 21 December 2016
Notification No. 98/2016 [F. No. 149/144/2015-TPL (Part-II)] / S.O. 3289(E) — [To BE Published in the Gazette of INDIA, Extraordinary, Part-ii, section 3, Sub-section (ii)] 25 October 2016

← Notification No. 135 · Notification No. 133 →

What a notification is. A notification is made under a power the Act itself gives, and within that power it is law — unlike a circular, which only binds the department. Its reach is the reach of the enabling provision and no wider, and the date it carries decides from when it works.

Source: the Income Tax Department’s own published text — its page for this instrument.