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<h1>Central Government Approves Infrastructure Projects Under Section 10(23G) for Tax Exemptions, Subject to Compliance and Audit Reports.</h1> Enterprises and industrial undertakings listed have been approved by the Central Government under section 10(23G) of the Income-tax Act for the assessment years 1999-2000, 2000-2001, and 2001-2002. The approval is contingent upon compliance with section 10(23G) and rule 2E of the Income-tax Rules, 1962. The approval may be revoked if the undertaking ceases infrastructure operations, fails to maintain audited accounts, or does not submit the required audit report. Approved projects include a thermal power project, mobile telephone services in Mumbai and Calcutta, and a bridge construction project in the Ahmedabad-Vadodara section.