Tax exemption approval under section 10(23G) granted to designated infrastructure enterprises, subject to compliance and audit conditions. Government approval was granted to specific enterprises as eligible infrastructure undertakings for income tax exemption purposes for the assessment years 1999-2000 through 2001-2002, subject to continued conformity with statutory provisions and procedural rules; approval is liable to be withdrawn if an undertaking ceases to provide infrastructure services, fails to maintain and audit prescribed books of account, or fails to furnish the required audit report.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tax exemption approval under section 10(23G) granted to designated infrastructure enterprises, subject to compliance and audit conditions.
Government approval was granted to specific enterprises as eligible infrastructure undertakings for income tax exemption purposes for the assessment years 1999-2000 through 2001-2002, subject to continued conformity with statutory provisions and procedural rules; approval is liable to be withdrawn if an undertaking ceases to provide infrastructure services, fails to maintain and audit prescribed books of account, or fails to furnish the required audit report.
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