Guidelines for approval under clause (23G) of section 10

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.... (1) shall be accompanied by the following documents, namely : (a) a copy of certificate of incorporation under the Companies Act, 1956 (1 of 1956) or a copy of the document evidencing the constitution of the enterprise and its legal status; (b) a copy of the project report or agreement in respect of the eligible business duly approved by the Central Government or any State Gover....

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....prise for the purposes of clause (23G) of section 10, if such enterprise is wholly engaged in the eligible business. (4) The Central Government may, before approving an enterprise, call for such documents (including audited annual accounts) or information from the enterprise, as it thinks necessary in order to satisfy itself that such enterprise is wholly engaged in the eligible business and th....

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....prise, (a) ceases to carry on the eligible business; or (b) fails to maintain books of account and get such accounts audited by an accountant as required by sub-rule (6); or (c) fails to furnish the audit report as required by sub-rule (6); the Chief Commissioner of Income-tax shall, after making such enquiries as he may deem necessary, furnish a report on the circums....