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of <h1>Government Approves Company Under Section 10(23G) for Infrastructure Projects, Including Roads and Bridges</h1> The Central Government has approved a company under section 10(23G) of the Income-tax Act, 1961, for specific assessment years. This approval pertains to the company's infrastructure projects, including road improvements and bridge construction in Maharashtra. The approval is contingent upon compliance with the relevant tax provisions and maintenance of audited financial records. The government reserves the right to withdraw approval if the company ceases infrastructure activities or fails to meet accounting and audit requirements. The projects include the Thane Bhiwandi Bypass and additional lanes with a tunnel on NH-4 between Pune and Satara.
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