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of <h1>Government Approves Enterprises Under Section 10(23G) for Tax Benefits on Infrastructure Projects, 1999-2002 Assessment Years.</h1> The Central Government has approved several enterprises under section 10(23G) of the Income-tax Act, 1961, for the assessment years 1999-2000 to 2001-2002. This approval is contingent upon compliance with the relevant sections of the Income-tax Act and Rules. The approved projects include various hydroelectric, thermal power, and communication infrastructure projects by different companies across India. These projects span areas such as Sikkim, Karnataka, Maharashtra, Gujarat, Odisha, Kerala, Tamil Nadu, and Andhra Pradesh. The approval can be revoked if the enterprises fail to maintain infrastructure facilities, proper accounting, or submit required audit reports.
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