Infrastructure approval under tax-exemption rules granted subject to compliance with accounting, audit and reporting obligations. Approval under the tax exemption framework is granted to M/s Nhava Sheva International Container Terminal Ltd., Mumbai for its quay-length container terminal project at Navi Mumbai, subject to conformity with the Income-tax Act's exemption criteria and procedural rules. The approval requires maintenance of books of account, statutory audit by a qualified accountant, and furnishing of the audit report; the Central Government may withdraw approval if the enterprise ceases to provide infrastructure facilities or fails to comply with the account-keeping, audit, or reporting obligations.