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    <title>Approval of M/s JAS Toll Road Company Ltd. u/s 10(23G) of the Income tax Act, 1961</title>
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    <description>Approval under section 10(23G) and rule 2E permits M/s JAS Toll Road Company Ltd. to claim tax-exempt status for its BOT highway widening and rehabilitation project for the concession period, conditional on carrying on the eligible business, maintaining books of account, obtaining the required audit and furnishing the prescribed audit report; the Central Government may withdraw approval on cessation of eligible business, failure to maintain/audit accounts, failure to furnish the audit report, or earlier violation of the concession agreement.</description>
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      <description>Approval under section 10(23G) and rule 2E permits M/s JAS Toll Road Company Ltd. to claim tax-exempt status for its BOT highway widening and rehabilitation project for the concession period, conditional on carrying on the eligible business, maintaining books of account, obtaining the required audit and furnishing the prescribed audit report; the Central Government may withdraw approval on cessation of eligible business, failure to maintain/audit accounts, failure to furnish the audit report, or earlier violation of the concession agreement.</description>
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