Approval under section 10(23G) grants tax-exempt status to listed infrastructure projects subject to compliance and withdrawal conditions. Approval is granted to specified infrastructure projects under section 10(23G) read with rule 2E for assessment years 1999-2002, subject to compliance with the exemption provisions, maintenance and audit of books of account, furnishing of audit reports, and the Central Government's authority to withdraw approval upon cessation of infrastructure activity or failure to meet audit and reporting conditions.
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 listed infrastructure projects subject to compliance and withdrawal conditions.
Approval is granted to specified infrastructure projects under section 10(23G) read with rule 2E for assessment years 1999-2002, subject to compliance with the exemption provisions, maintenance and audit of books of account, furnishing of audit reports, and the Central Government's authority to withdraw approval upon cessation of infrastructure activity or failure to meet audit and reporting conditions.
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