Approval under section 10(23G) grants tax-exempt status to infrastructure projects subject to compliance and audit requirements. Specified infrastructure projects received approval for tax-exempt treatment for the assessment years 1999-2000 to 2001-2002, subject to conformity with the related exemption provisions and rules. Approval covers four named projects-a Dabhol power station, a Navi Mumbai container terminal under a BOT/BO T arrangement, lignite-based power plants at Nani Naroli, and a bridge on NH-6-and is conditional on maintaining books, securing statutory audits, and furnishing audit reports; failure on these grounds or cessation of infrastructure activity permits withdrawal of approval.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Approval under section 10(23G) grants tax-exempt status to infrastructure projects subject to compliance and audit requirements.
Specified infrastructure projects received approval for tax-exempt treatment for the assessment years 1999-2000 to 2001-2002, subject to conformity with the related exemption provisions and rules. Approval covers four named projects-a Dabhol power station, a Navi Mumbai container terminal under a BOT/BO T arrangement, lignite-based power plants at Nani Naroli, and a bridge on NH-6-and is conditional on maintaining books, securing statutory audits, and furnishing audit reports; failure on these grounds or cessation of infrastructure activity permits withdrawal of approval.
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