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Approval under section 10(23G) grants tax exemption to Raj Infrastructure, subject to compliance and potential withdrawal. Approval under section 10(23G) read with rule 2E has been granted to M/s Raj Infrastructure Pvt. Ltd. for its BOT project to strengthen and widen Chakan-Shikarpur Road, effective from AY 2002-03 to AY 2012-13 (up to 28.07.2011) pursuant to the agreement dated 04.09.2000. The approval is conditional on conformity with eligibility provisions, maintenance of books, audit and furnishing the audit report as required by rule 2E, and is liable to withdrawal if the enterprise ceases the eligible business or fails audit or reporting obligations.
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Provisions expressly mentioned in the judgment/order text.
Approval under section 10(23G) grants tax exemption to Raj Infrastructure, subject to compliance and potential withdrawal.
Approval under section 10(23G) read with rule 2E has been granted to M/s Raj Infrastructure Pvt. Ltd. for its BOT project to strengthen and widen Chakan-Shikarpur Road, effective from AY 2002-03 to AY 2012-13 (up to 28.07.2011) pursuant to the agreement dated 04.09.2000. The approval is conditional on conformity with eligibility provisions, maintenance of books, audit and furnishing the audit report as required by rule 2E, and is liable to withdrawal if the enterprise ceases the eligible business or fails audit or reporting obligations.
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