Approval under section 10(23G) granted to telecom enterprise, conditional on continued infrastructure activity and audit compliance. Approval is granted to M/s Tata Teleservices Ltd for specified assessment years for its basic telephone services project in designated telecom circles, subject to conformity with the tax exemption provision and applicable rules. The approval requires maintenance of books of account, audit by an accountant and furnishing of the audit report; the Central Government may withdraw approval if the undertaking ceases the infrastructure activity, fails to maintain and audit accounts, or fails to furnish the 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) granted to telecom enterprise, conditional on continued infrastructure activity and audit compliance.
Approval is granted to M/s Tata Teleservices Ltd for specified assessment years for its basic telephone services project in designated telecom circles, subject to conformity with the tax exemption provision and applicable rules. The approval requires maintenance of books of account, audit by an accountant and furnishing of the audit report; the Central Government may withdraw approval if the undertaking ceases the infrastructure activity, fails to maintain and audit accounts, or fails to furnish the audit report.
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