Tax exemption approval under section 10(23G) granted to RVK Energy, conditional on compliance and audit obligations. Approval is granted to M/s RVK Energy Pvt Ltd under section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for a mini power plant project, subject to compliance with the statute and rules. The approval requires maintenance of books, audit by an accountant and furnishing of the audit report; the Central Government may withdraw approval if the enterprise ceases the eligible business or fails to comply with the accounting and audit obligations.
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Tax exemption approval under section 10(23G) granted to RVK Energy, conditional on compliance and audit obligations.
Approval is granted to M/s RVK Energy Pvt Ltd under section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for a mini power plant project, subject to compliance with the statute and rules. The approval requires maintenance of books, audit by an accountant and furnishing of the audit report; the Central Government may withdraw approval if the enterprise ceases the eligible business or fails to comply with the accounting and audit obligations.
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