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<h1>Central Government Approves Kasargod Power Project Under Section 10(23G) of Income-tax Act for 2001-2004 Assessment Years</h1> The Central Government has approved a power project in Kasargod, Kerala, undertaken by Kasargod Power Corporation Pvt. Ltd., under section 10(23G) of the Income-tax Act, 1961, for assessment years 2001-2002 to 2003-2004. The approval is contingent upon compliance with the specified provisions of the Income-tax Act and Rules. The approval may be revoked if the enterprise ceases infrastructure operations, fails to maintain and audit accounts, or does not submit the required audit report. The project involves a 2 x 10.589 MW power facility in Kasargod, Kerala.