Approval under section 10(23G) permits tax-exempt status for a power infrastructure project subject to compliance and audit conditions. Approval under section 10(23G) is granted to M/s BSES Andhra Power Limited for its 220 MW Combined Cycle Power Project at Samalkot, subject to conformity with section 10(23G) read with rule 2E. The approval is conditional and may be withdrawn if the undertaking ceases to carry on the infrastructure facility, fails to maintain books and obtain audits as required by rule 2E(7), or fails to furnish the required audit report.
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.
Approval under section 10(23G) permits tax-exempt status for a power infrastructure project subject to compliance and audit conditions.
Approval under section 10(23G) is granted to M/s BSES Andhra Power Limited for its 220 MW Combined Cycle Power Project at Samalkot, subject to conformity with section 10(23G) read with rule 2E. The approval is conditional and may be withdrawn if the undertaking ceases to carry on the infrastructure facility, fails to maintain books and obtain audits as required by rule 2E(7), or fails to furnish the required audit report.
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