Tax exemption approval under section 10(23G) granted to an infrastructure BOT project, subject to audit and compliance conditions. Approval under section 10(23G) read with rule 2E is granted to Emas Expressway Pvt. Ltd. for its BOT project to rehabilitate and widen the Durgapur Expressway. The approval is conditional on compliance with section 10(23G) and rule 2E, and may be withdrawn if the undertaking ceases to operate the infrastructure facility, fails to maintain books and obtain audit, or fails to furnish the auditor's report as required by sub rule (7) of rule 2E.
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.
Tax exemption approval under section 10(23G) granted to an infrastructure BOT project, subject to audit and compliance conditions.
Approval under section 10(23G) read with rule 2E is granted to Emas Expressway Pvt. Ltd. for its BOT project to rehabilitate and widen the Durgapur Expressway. The approval is conditional on compliance with section 10(23G) and rule 2E, and may be withdrawn if the undertaking ceases to operate the infrastructure facility, fails to maintain books and obtain audit, or fails to furnish the auditor's report as required by sub rule (7) of rule 2E.
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