Tax exemption approval under section 10(23G) granted subject to compliance; non compliance permits withdrawal of approval. Approval is granted to M/s Ahmedabad Mehsana Toll Road Company Limited under section 10(23G) read with rule 2E for specified assessment years for its BOOT project on State Highway No. 41, subject to compliance with section 10(23G) and rule 2E, including maintenance of books, obtaining and furnishing the audit report required by sub rule (7); the Central Government may withdraw approval if the undertaking ceases the infrastructure facility or fails the audit or reporting requirements.
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Tax exemption approval under section 10(23G) granted subject to compliance; non compliance permits withdrawal of approval.
Approval is granted to M/s Ahmedabad Mehsana Toll Road Company Limited under section 10(23G) read with rule 2E for specified assessment years for its BOOT project on State Highway No. 41, subject to compliance with section 10(23G) and rule 2E, including maintenance of books, obtaining and furnishing the audit report required by sub rule (7); the Central Government may withdraw approval if the undertaking ceases the infrastructure facility or fails the audit or reporting requirements.
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