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of <h1>Central Government Approves 400 KV Kolaghat-Durgapur Transmission Line Project Under Section 10(23G) of Income-tax Act</h1> The Central Government has approved the 400 KV Kolaghat-Durgapur Single Circuit Transmission line project by the West Bengal State Electricity Board under section 10(23G) of the Income-tax Act, 1961, for the assessment years 2000-2001, 2001-2002, and 2002-2003. This approval is contingent on compliance with the provisions of section 10(23G) and rule 2E of the Income-tax Rules, 1962. The approval will be withdrawn if the project ceases to operate as an infrastructure facility, fails to maintain audited accounts, or does not submit the required audit report.
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