Tax exemption approval under section 10(23G) conditions Bharti Cellular Delhi's benefit on compliance and audit requirements. Approval is granted to M/s Bharti Cellular Limited's Delhi cellular mobile telephone service under section 10(23G) read with rule 2E for assessment years 1999-2000 to 2001-2002, subject to conformity with those provisions; the Central Government may withdraw approval if the enterprise ceases to carry on the infrastructure facility, fails to maintain books and obtain an accountant's audit, or fails to furnish the required audit report.
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 approval under section 10(23G) conditions Bharti Cellular Delhi's benefit on compliance and audit requirements.
Approval is granted to M/s Bharti Cellular Limited's Delhi cellular mobile telephone service under section 10(23G) read with rule 2E for assessment years 1999-2000 to 2001-2002, subject to conformity with those provisions; the Central Government may withdraw approval if the enterprise ceases to carry on the infrastructure facility, fails to maintain books and obtain an accountant's audit, or fails to furnish the required audit report.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
