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Case law › Notifications › 2014 › Notification No. 21/2014 [F.No.178/3/2007-ITA-I] / SO 918(E)
Notification 27 March 2014

Notification No. 21/2014 [F.No.178/3/2007-ITA-I] / SO 918(E)

Section 80-IA, sub-clause (iii) of sub-section (4) of the Income-tax Act, 1961 - Deductions - Profits and gains from industrial undertakings, or enterprises engaged in infrastructure development, etc. - Notified undertakings - Rescission of Notification No. SO 462(E), dated 9-2-2007

What this is

Notification No. 21/2014 [F.No.178/3/2007-ITA-I] / SO 918(E) was published on 27 March 2014. Its subject is Section 80-IA, sub-clause (iii) of sub-section (4) of the Income-tax Act, 1961 - Deductions - Profits and gains from industrial undertakings, or enterprises engaged in infrastructure development, etc. - Notified undertakings - Rescission of Notification No. SO 462(E), dated 9-2-2007.

The instrument itself

The text, read by machine from the scan

This is not the department’s typed text. The department published this one as a scanned image of a signed paper, so there is no text in the file to copy. What follows was read off that image by optical character recognition and is reproduced without correction — the mistakes you can see are the machine’s, and there may be others you cannot. It is here so the document can be found and read; it is not a substitute for the file, which is linked below. Do not quote from this page.

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MINISTRY OF FINANCE | .
(Department of Revenue) _
(CENTRAL BOARD OF DIRECT TAXES)
Co - NOTIFICATION
| | New Delhi, the 27th March, 2014 |
, S,.0.918(E).—Whereas, the Central Government (Ministry of Commerce and Industry) in exercise of the powers under the Industrial Park Scheme, 2002 (hereinafter referred to as the Scheme), as notified vide number S.0.354(E) dated the 1" April 2002, through the Empowered Committee had granted approval to the undertaking being developed and being maintained and operated by M/s. Finest Promoters Private Ltd., New |
Delhi at Khasra No.1961/2 and 1962/1, Sector 54, Taluka Gurgaon, District Gurgaon, Haryana as an .
Industrial Park; . 7
And, whereas, the Central Government (Ministry of Finance, Department of Revenue, CBDT), 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 ‘Act’) had notified the undertaking being developed and ~
; being maintained and operated by M/s. Finest Promoters Private Ltd., New Delhi at Khasra No.1961/2 and
- 1962/1, Sector 54, Taluka Gurgaon, District Gurgaon, as an Industria] Park for the purposes of the said clause (iii), vide notification of the Government of India in the Ministry of Finance, Department of Revenue, vide number S.O 462, dated the 9" February, 2007, published in the Gazette of India, Part II, Section 3, Sub- —- -
section (ii); .
. And, whereas, subsequently the Central Government (Ministry of Commerce and Industry) vide letter i
No.15/29/2006-IP&ID dated 24" January, 2014, has withdrawn the said approval granted to the undertaking i under the Scheme; *
Now, therefore, the Central Government, in exercise of the powers conferred by clause (iii) of sub- ©
section (4) of section 80-IA of the Act read with section 21 of the General Clause-Act, #897 (10 of 1897),
7 hereby rescinds the said notification No. S.0. 462, dated 9" February, 2007, with effect from the 9" February,
2007. .
a! [Notification No. 21/2014. F.No.178/3/2007-ITA-I] 4
st . | - _ SURABHI SHARMA, Under Secy.
Printed by the Manager, Government of India Press, Ring Road, Mayapuri, New Dethi-110064 ¢ ‘
and Published by the Controller of Publications, Delhi-1 10054. .

Source: the department’s scanned file.

← Notification no. 22/2014 [F.No.178/35/2005-ITA-I]/SO 917(E)  ·  Notification No. 20/2014 [F.No.178/91/2006-ITA-I] SO 898(E) →

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.