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of <h1>M/s Information Technology Park Ltd approved under Section 10(23G) for developing an Industrial Park, subject to compliance.</h1> M/s Information Technology Park Ltd has been approved by the Central Government under section 10(23G) of the Income-tax Act, 1961, for the assessment years 2003-2004, 2004-2005, and 2005-2006. This approval pertains to their project involving the development, maintenance, and operation of an Industrial Park at International Tech Park, Whitefield Road, Bangalore. The approval is contingent upon compliance with section 10(23G) and rule 2E of the Income-tax Rules, 1962. The approval may be revoked if the enterprise ceases infrastructure activities, fails to maintain audited accounts, or does not submit the required audit reports.
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