Tax exemption under section 10(23G) for specified infrastructure projects, subject to compliance and possible withdrawal for breaches. Notification approves specified enterprises for tax exemption under section 10(23G) for assessment years 1999-2000 to 2001-2002, conditional on compliance with section 10(23G) and rule 2E. Approval is subject to withdrawal if the enterprise ceases to provide the infrastructure facility, fails to maintain books and obtain the audit required by sub rule (7) of rule 2E, or fails to furnish the required audit report. Four projects-an ROB on a national highway, a cellular service licence project, a petcoke thermal power station, and a cogeneration plant-are specifically listed as approved.
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.
Tax exemption under section 10(23G) for specified infrastructure projects, subject to compliance and possible withdrawal for breaches.
Notification approves specified enterprises for tax exemption under section 10(23G) for assessment years 1999-2000 to 2001-2002, conditional on compliance with section 10(23G) and rule 2E. Approval is subject to withdrawal if the enterprise ceases to provide the infrastructure facility, fails to maintain books and obtain the audit required by sub rule (7) of rule 2E, or fails to furnish the required audit report. Four projects-an ROB on a national highway, a cellular service licence project, a petcoke thermal power station, and a cogeneration plant-are specifically listed as approved.
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