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<h1>Government Approves Enterprises Under Section 10(23G) for Tax Benefits, 2002-2005; Compliance with Rule 2E Required</h1> The Central Government has approved several enterprises for the purpose of section 10(23G) of the Income-tax Act, 1961, for the assessment years 2002-2003 to 2004-2005. These approvals are contingent upon compliance with the provisions of section 10(23G) and rule 2E of the Income-tax Rules, 1962. The enterprises involved include various water treatment and supply projects carried out by a private company across multiple locations in India. The approval may be withdrawn if the enterprises fail to maintain infrastructure facilities, proper accounting, or provide required audit reports.