Notification No. 54

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[TO BE PUBLISHED IN PART-II, SECTION 3, SUB-SECTION (ii) OF THE GAZETTE OF INDIA]
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF DIRECT TAXES)
New Delhi, the /5“July, 2010.
Notification (INCOME-TAX)

5.0, 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), nas framed and notified a scheme for industrial park, vide notification of the Government of India in the Ministry of
Finance (Department of Revenue, Central Board of Direct Taxes) number S.O.
51(E), dated the 8" January, 2008;

And whereas M/s. Infinity Infotech Parks Limited, having its registered address at Infinity, Plot A-3, Block-GP, Sector-V, Salt Lake Electronics Complex,
Kolkata-700091, has developed an Industrial Park at Plot No. G-1, Block-GP, Sector
V, Salt Lake Electronics Complex, Kolkata-70009 1;

Now, therefore, in exercise of the powers conferred by clause (ili) of sub-
section (4) of section 80-IA of the said Act read with rule 18 C of the Income Tax
Rules, 1962, and subject to the provisions of Industrial Park Scheme, 2008 the
Central Government hereby notifies M/s. Infinity Infotech Parks Limited, Kolkata as an undertaking and the project at Plot No. G-1, Block-GP, Sector V, Salt Lake
Electronics Complex, Kolkata-700091, being developed and maintained and operated by the said undertaking, as an industrial park for the purposes of the said clause.

2. The date of commencement of the aforesaid Industrial Park is 28'* March,
2008.

xm a The notification will be invalid and M/s. Infinity Infotech Parks Limited shall be solely responsible for any repercussions of such invalidity, if -
(i) the application and subsequent documents furnished by it, 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 notification has already been issued in the name of another undertaking.
4. 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.
[Notification No.5‘ } 20 \o F.No. 178/30/2009-ITA-I}
(PADAM SINGH)
Under Secretary to the Government of India
To
The Manager,
Government of India Press,
Ring Road, Mayapuri Industrial Area, (Near Rajouri Garden), New Delhi.

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