Approval under tax exemption provision: conditional tax approval for port operation project, withdrawable for noncompliance with audit and record requirements. Approval has been granted to M/s Ennore Port Ltd. for the purposes of a tax exemption provision with effect from the relevant assessment year for its project of managing and operating Ennore Port. The approval is conditional on conformity with the statutory exemption provision and applicable rules, maintenance of books of account, obtaining an accountant's audit and furnishing the required audit report, and is withdrawable by the Central Government on failure to meet these conditions.
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Approval under tax exemption provision: conditional tax approval for port operation project, withdrawable for noncompliance with audit and record requirements.
Approval has been granted to M/s Ennore Port Ltd. for the purposes of a tax exemption provision with effect from the relevant assessment year for its project of managing and operating Ennore Port. The approval is conditional on conformity with the statutory exemption provision and applicable rules, maintenance of books of account, obtaining an accountant's audit and furnishing the required audit report, and is withdrawable by the Central Government on failure to meet these conditions.
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