Only projects having a minimum investment of Rs. 1 Crore in Plant & Machinery shall be considered for establishment as EOUs under the scheme. This shall, however, not apply to existing units and units in EHTP/STP/BTP, Handicrafts/ Agriculture/ Floriculture/ Aquaculture/ Animal Husbandry /Information Technology, Services.
Notification No.198/2005 – Income Tax S.O. 1260(E).— In exercise of the powers conferred by clause (6C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby declares that any income arising to ‘M/s. BAe Systems (Operations) Limited’, Warwick House, P.O. Box 87, Faraborough Aerospace Centre, Faraborough, Hampshire, GU14 6YU, United Kingdom and ‘M/s. Rolls Royce