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of <h1>Central Government Approves Enterprises Under Section 10(23G) for Tax Benefits; Compliance with Rule 2E Required</h1> The Central Government has approved several enterprises and industrial undertakings under section 10(23G) of the Income-tax Act, 1961, for the assessment years 1999-2000, 2000-2001, and 2001-2002. The approval is contingent upon compliance with section 10(23G) and rule 2E of the Income-tax Rules, 1962. The listed projects include various power stations and infrastructure developments across multiple states, such as Madhya Pradesh, Punjab, Orissa, Maharashtra, Tamil Nadu, Andhra Pradesh, Kerala, and Gujarat. The approval may be withdrawn if the projects cease operations, fail to maintain audited accounts, or fail to provide required audit reports.
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