Tax exemption recognition under section 10(23G) grants approved infrastructure status subject to compliance, audit and withdrawal conditions. Approval is granted to Shree Maheshwar Hydro-electric Power Plant for recognition under section 10(23G) of the Income-tax Act read with the Income-tax Rules, conferring income-tax exemption status for specified assessment years. The approval is conditional on compliance with statutory provisions, maintenance and audit of books of account, and furnishing prescribed audit reports, and may be withdrawn if the enterprise ceases to be an infrastructure facility or fails the audit and reporting requirements.