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Industrial Park Scheme eligible for deduction under section 80IA of The Income Tax Act extended to March 2011

May-27th-2010

The Financial Act (No 2) 2009 has extended the ending date of Industril Park Scheme 2008 from 31.03.2009 to 31.03.2011.

Consequently, the Central Board of Direct Taxes have amended the Industrial Park Scheme 2008 and Rule 18C of the Income Tax Rules, 1962 to give effect to the extension of the ending date of operation of the Scheme.

[Notification No.38 & 39/2010 dated 21

 

st May 2010]

 

 

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