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of <h1>Government Approves 104MW Power Project by Atria Power Under Section 10(23G) of Income-tax Act for Three Assessment Years.</h1> The Central Government has approved the 104MW Combined Cycle Power Project at Harihar, Karnataka, operated by Atria Power Corporation Limited, for the purpose of section 10(23G) of the Income-tax Act, 1961, applicable for the assessment years 1999-2000, 2000-2001, and 2001-2002. This approval is contingent upon the project complying with relevant provisions of the Income-tax Act and Rules. The approval may be revoked if the project ceases operations, fails to maintain audited accounts, or does not submit the required audit report.
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