Tax exemption approval under section 10(23G) subject to compliance and audit requirements for listed power projects. Central Government approval permits specified undertakings to claim the tax exemption under section 10(23G) for assessment years 1999-2000 to 2001-2002, conditional on compliance with statutory provisions and applicable rules; approval may be withdrawn if an undertaking ceases to provide the infrastructure facility, fails to maintain and audit books of account, or fails to furnish the required audit report.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) subject to compliance and audit requirements for listed power projects.
Central Government approval permits specified undertakings to claim the tax exemption under section 10(23G) for assessment years 1999-2000 to 2001-2002, conditional on compliance with statutory provisions and applicable rules; approval may be withdrawn if an undertaking ceases to provide the infrastructure facility, fails to maintain and audit books of account, or fails to furnish the required audit report.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
