Tax exemption under section 10(23G) for bio-waste power project approved, conditional on compliance and audited accounts. Approval under section 10(23G) read with rule 2E is granted to a 1.3 MW power generation project at Uduppam Village, Namakkal Taluk, Tamil Nadu using poultry waste by M/s G. K. Energy Pvt. Ltd. The approval is conditional on compliance with section 10(23G) and rule 2E, maintenance of books of account and statutory audit as required by sub rule (7) of rule 2E, and furnishing the prescribed audit report; the Central Government may withdraw approval for non compliance or cessation of the infrastructure facility.
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Tax exemption under section 10(23G) for bio-waste power project approved, conditional on compliance and audited accounts.
Approval under section 10(23G) read with rule 2E is granted to a 1.3 MW power generation project at Uduppam Village, Namakkal Taluk, Tamil Nadu using poultry waste by M/s G. K. Energy Pvt. Ltd. The approval is conditional on compliance with section 10(23G) and rule 2E, maintenance of books of account and statutory audit as required by sub rule (7) of rule 2E, and furnishing the prescribed audit report; the Central Government may withdraw approval for non compliance or cessation of the infrastructure facility.
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