CG amends Notification No. 1/2013 dated 08-01-2013

SECTION 80-IA, SUB-CLAUSE (III) OF SUB-SECTION (4) OF THE INCOME-TAX ACT, 1961 - DEDUCTIONS - IN RESPECT OF PROFITS AND GAINS FROM INDUSTRIAL UNDERTAKINGS, OR ENTERPRISES ENGAGED IN INFRASTRUCTURE DEVELOPMENT, ETC. - NOTIFIED UNDERTAKINGS - AMENDMENT IN NOTIFICATION NO.1/2013, DATED 8-1-2013

NOTIFICATION NO. 31/2013 [F.NO.178/02/2008-ITAT-I], DATED 18-4-2013

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), the Central Government hereby makes following amendment to the notification of the Government of India in the Ministry of Finance, Department of Revenue published in the Gazette of India, Part II, section 3, sub-section (ii), vide Notification number 01/2013, F.No.178/02/2008-(ITA-I) dated the 8th January, 2013, namely:-

2. In the said notification, -

(a)		in para 5, for the words "being developed and being maintained and operated", the words "being developed" shall be substituted.
(b)		In the Annexure, item number 7 shall be omitted.