Approval under section 10(23G) grants tax-exemption to Reliance Infocom's telecom projects, subject to compliance and commencement conditions. Approval is granted to M/s Reliance Infocom Ltd under section 10(23G) read with rule 2E, subject to compliance with statutory provisions; approval may cease if the enterprise stops carrying on the infrastructure facility, fails to maintain and audit books of account as required by sub rule (7) of rule 2E, or fails to furnish the required audit report. The approval covers Basic Telephone Services across specified telecom circles and international long distance services as per agreements and is conditioned on commencement of services by the prescribed date under Section 80IA(4)(ii).
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Provisions expressly mentioned in the judgment/order text.
Approval under section 10(23G) grants tax-exemption to Reliance Infocom's telecom projects, subject to compliance and commencement conditions.
Approval is granted to M/s Reliance Infocom Ltd under section 10(23G) read with rule 2E, subject to compliance with statutory provisions; approval may cease if the enterprise stops carrying on the infrastructure facility, fails to maintain and audit books of account as required by sub rule (7) of rule 2E, or fails to furnish the required audit report. The approval covers Basic Telephone Services across specified telecom circles and international long distance services as per agreements and is conditioned on commencement of services by the prescribed date under Section 80IA(4)(ii).
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