Tax exemption approval under section 10(23G) granted to a cellular infrastructure enterprise, subject to compliance and audit conditions. Approval is granted to Cellular Mobile Telephone Service of RPG Cellcom Limited for specified assessment years under the Income-tax Act provision for approved enterprises read with the Income-tax Rules. The approval is conditional on conformity with the statutory provision and rule, including maintaining books of account, obtaining an accountant's audit, and furnishing the audit report. The Central Government may withdraw approval if the enterprise ceases to provide infrastructure facility or fails to meet the audit and reporting obligations. The notification identifies the enterprise and cites its licensing background and the assessment years to which the approval applies.
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 a cellular infrastructure enterprise, subject to compliance and audit conditions.
Approval is granted to Cellular Mobile Telephone Service of RPG Cellcom Limited for specified assessment years under the Income-tax Act provision for approved enterprises read with the Income-tax Rules. The approval is conditional on conformity with the statutory provision and rule, including maintaining books of account, obtaining an accountant's audit, and furnishing the audit report. The Central Government may withdraw approval if the enterprise ceases to provide infrastructure facility or fails to meet the audit and reporting obligations. The notification identifies the enterprise and cites its licensing background and the assessment years to which the approval applies.
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