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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Two Hydro Electric Projects Approved for Tax Benefits Under Section 10(23G) for Three Assessment Years</h1> The Central Government has approved the Ranganandi Hydro Electric Power Project and the Doyang Hydro Electric Power Project, operated by a government undertaking, for tax benefits under section 10(23G) of the Income-tax Act, 1961, for the assessment years 1999-2000, 2000-2001, and 2001-2002. This approval requires compliance with specific conditions, including maintaining infrastructure operations, proper bookkeeping, and auditing as per the Income-tax Rules, 1962. Approval may be revoked if these conditions are not met. These projects are located in Arunachal Pradesh and Nagaland, respectively.
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