Tax exemption approval under section 10(23G) granted to cellular service, conditional on infrastructure and audit compliance. Approval is granted to the cellular mobile telephone service operation in the Tamilnadu circle of M/s Aircel Limited under section 10(23G), read with rule 2E, recognizing the enterprise as an infrastructure facility for tax exemption purposes. The approval is subject to compliance with section 10(23G) and rule 2E, and is withdrawable if the enterprise ceases the infrastructure activity, fails to maintain and audit books of account as required by sub-rule (7) of rule 2E, or fails to furnish the mandated audit report.
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Tax exemption approval under section 10(23G) granted to cellular service, conditional on infrastructure and audit compliance.
Approval is granted to the cellular mobile telephone service operation in the Tamilnadu circle of M/s Aircel Limited under section 10(23G), read with rule 2E, recognizing the enterprise as an infrastructure facility for tax exemption purposes. The approval is subject to compliance with section 10(23G) and rule 2E, and is withdrawable if the enterprise ceases the infrastructure activity, fails to maintain and audit books of account as required by sub-rule (7) of rule 2E, or fails to furnish the mandated audit report.
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