Approval under section 10(23G) renewed for a telecom project, subject to compliance with audit and reporting conditions. Renewal of approval under section 10(23G) is granted for the Chennai Metro cellular mobile telephone service project, effective for the specified assessment years up to the end of the applicable twenty year period, contingent on compliance with section 10(23G) and rule 2E. Conditions include maintaining books of account, obtaining an audit as required by sub rule (6) of rule 2E, and furnishing the audit report; the Central Government may withdraw approval for ceasing the eligible business or failing to meet these audit and reporting obligations.