Tax exemption under section 10(23G) granted to specified infrastructure enterprises, subject to books, audit and reporting compliance. Approval is granted to specified enterprises for tax exemption under section 10(23G), read with rule 2E, subject to conformity with those provisions and to conditions requiring maintenance of books of account, audit and furnishing of the audit report; the Central Government may withdraw approval if an enterprise ceases the infrastructure activity or fails to comply with the accounting or audit requirements.
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 enterprises, subject to books, audit and reporting compliance.
Approval is granted to specified enterprises for tax exemption under section 10(23G), read with rule 2E, subject to conformity with those provisions and to conditions requiring maintenance of books of account, audit and furnishing of the audit report; the Central Government may withdraw approval if an enterprise ceases the infrastructure activity or fails to comply with the accounting or audit requirements.
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