Tax-exemption approval under section 10(23G) renewed for specified power plant, subject to compliance and audit requirements. Renewal of approval under section 10(23G) read with rule 2E is granted to M/s LVS Power Limited for its specified power plant, conditional on conformity with the statutory provisions, maintenance of books of account, obtaining an accountant's audit and furnishing the required audit report; approval may be withdrawn if the undertaking ceases to carry on the eligible business or fails to meet the audit or reporting requirements.
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) renewed for specified power plant, subject to compliance and audit requirements.
Renewal of approval under section 10(23G) read with rule 2E is granted to M/s LVS Power Limited for its specified power plant, conditional on conformity with the statutory provisions, maintenance of books of account, obtaining an accountant's audit and furnishing the required audit report; approval may be withdrawn if the undertaking ceases to carry on the eligible business or fails to meet the audit or reporting requirements.
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