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of <h1>GMR Tambaram Tindivanam Expressways granted tax approval for highway project under section 10(23G) for 2002-2005.</h1> M/s GMR Tambaram Tindivanam Expressways (P) Ltd has been approved by the Central Government under section 10(23G) of the Income-tax Act, 1961, for the assessment years 2002-2003 to 2004-2005. The approval applies to their project involving the strengthening and widening of specific highway sections on a BOT basis. The approval is contingent upon compliance with section 10(23G) and rule 2E of the Income-tax Rules, 1962. The Central Government reserves the right to withdraw approval if the company ceases infrastructure operations, fails to maintain audited accounts, or does not submit the required audit report.
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