Tax exemption under section 10(23G) granted to specified infrastructure undertakings, subject to compliance and audit conditions. Approval is granted to specified enterprise and industrial undertakings for tax exemption under section 10(23G) read with rule 2E for assessment years 1999-2000 through 2001-2002, subject to conditions that the enterprises comply with the statutory provisions, maintain books of account, obtain and furnish the required audit report, and note that the Central Government may withdraw approval if an undertaking ceases to carry on the infrastructure facility or fails to maintain or produce audited accounts.
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) granted to specified infrastructure undertakings, subject to compliance and audit conditions.
Approval is granted to specified enterprise and industrial undertakings for tax exemption under section 10(23G) read with rule 2E for assessment years 1999-2000 through 2001-2002, subject to conditions that the enterprises comply with the statutory provisions, maintain books of account, obtain and furnish the required audit report, and note that the Central Government may withdraw approval if an undertaking ceases to carry on the infrastructure facility or fails to maintain or produce audited accounts.
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