https://www.taxtmi.com/circulars?id=10504 Approval under 10(23G) exempts dividend, interest on long term loans and long term capital gains for investments in enterprises wholly engaged in infrastructure activity, subject to Central Government approval and Rule 2E guidelines. The CCIT must monitor approved cases, send annual reports to the Board, and propose withdrawal of approval where sub rule (8) of Rule 2E applies; for new companies the CCIT may advise Assessing Officers to undertake closer monitoring to ensure compliance. en-us Wed, 27 Jan 1999 00:00:00 +0530 Tue, 14 Jun 2011 18:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10504 Approval under 10(23G) exempts dividend, interest on long term loans and long term capital gains for investments in enterprises wholly engaged in infrastructure activity, subject to Central Government approval and Rule 2E guidelines. The CCIT must monitor approved cases, send annual reports to the Board, and propose withdrawal of approval where sub rule (8) of Rule 2E applies; for new companies the CCIT may advise Assessing Officers to undertake closer monitoring to ensure compliance. Circulars Income Tax Wed, 27 Jan 1999 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10504