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of <h1>Ashoka Infra gets Central Government approval under Section 10(23G) for bridge project, with compliance conditions.</h1> M/s Ashoka Infra Pvt Limited has been approved by the Central Government under section 10(23G) of the Income-tax Act, 1961, for the assessment years 2000-2001, 2001-2002, and 2002-2003. The approval pertains to their infrastructure project involving the construction of a major bridge across the Krishna River on the Sangli by-pass road. The approval is contingent upon compliance with the specified provisions, including maintaining audited accounts. The government reserves the right to withdraw approval if the enterprise ceases infrastructure activities or fails to meet the compliance requirements.
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