Tax exemption approval granted subject to maintaining eligible business operations and audited accounts or face withdrawal. Approval under section 10(23G) is granted to M/s Energy Development Company Ltd for a 9 MW Mini Hydro Electric Project effective AY 2004-2005, subject to compliance with section 10(23G) and rule 2E, maintenance of books of account, obtaining an accountant's audit of those accounts, and furnishing the required audit report; approval may be withdrawn if the undertaking ceases the eligible business or fails the accounting or reporting requirements.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 granted subject to maintaining eligible business operations and audited accounts or face withdrawal.
Approval under section 10(23G) is granted to M/s Energy Development Company Ltd for a 9 MW Mini Hydro Electric Project effective AY 2004-2005, subject to compliance with section 10(23G) and rule 2E, maintenance of books of account, obtaining an accountant's audit of those accounts, and furnishing the required audit report; approval may be withdrawn if the undertaking ceases the eligible business or fails the accounting or reporting requirements.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.