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<h1>Government Approves Kolaghat-Durgapur Transmission Line Project Under Section 10(23G) for Tax Benefits; Compliance Required.</h1> The Central Government has approved the 400 kV Kolaghat-Durgapur Single Circuit Transmission line project of the West Bengal State Electricity Board for the purpose of section 10(23G) of the Income-tax Act, 1961, applicable for the assessment years 2000-2001, 2001-2002, and 2002-2003. The approval requires compliance with section 10(23G) and rule 2E of the Income-tax Rules, 1962. It may be withdrawn if the project ceases infrastructure operations, fails to maintain audited accounts, or does not submit the required audit report.