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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Veeriah Power Projects gets tax approval under Section 10(23G) for 2002-2005; must comply with Rule 2E.</h1> M/s Veeriah Non-Conventional Power Projects Ltd has been approved by the Central Government under section 10(23G) of the Income-tax Act, 1961, for the assessment years 2002-2003, 2003-2004, and 2004-2005. This approval applies to their biomass-based power generation plant with a 4 MW capacity located in Kurumaddali Village, Pamarru Mandal, Krishna District, Andhra Pradesh. The approval is contingent upon compliance with section 10(23G) and rule 2E of the Income-tax Rules, 1962. The approval may be withdrawn if the enterprise ceases operations, fails to maintain audited accounts, or does not furnish the required audit report.
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