Approval under section 10(23G) ties tax-favourable recognition to compliance, audit and licence requirements for satellite mobile service. Approval under section 10(23G) and rule 2E accords tax-favourable recognition to the specified Global Mobile Personal Communication by Satellite service operator, subject to compliance with section 10(23G)/rule 2E, maintenance of books of account, audit by an accountant, furnishing the audit report, and execution of the licence agreement; cessation of infrastructure activity, failure to maintain/audit accounts or to furnish the audit report, or failure to sign the licence agreement will permit the Central Government to withdraw the approval.