Notification No. : 199
Date of Issue : 7/8/2002
Section(s) Referred : s. 10(23g)
Notification No. 199 of 2002, dt. 7th Aug., 2002.
It is notified for general information that enterprise, listed at para (3) below has been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the income-tax Rules, 1962, for the assessment years 2002-2003, 2003-2004 and 2004-2005.
2. The approval is subject to the condition that-
(i) the enterprise/industrial undertaking will conform to and comply with the provisions of section 10(23G) of the Income-tax Act, 1962, read with rule 2E of the Income-tax Rules, 1962;
(ii) the Central Government shall withdraw this approval if the enterprise industrial undertaking:
(a) ceases to carry on infrastructure facility; or
(b) fails to maintain books of account and get such accounts audited by an accountant as required by sub-rule (7) of rule 2E of the Income-tax Rules, 1962; or
(c) fails to furnish the audit report as required by sub-rule (7) of rule 2E of the Income-tax Rules, 1962.
3. The enterprise approved is–M/s BPL Mobile Cellular Limited (formerly known as BPL US West Cellular Ltd.) BPL Centre, 1045-46, Avinashi Road, Coimbatore-648018 for their project of Mobile Telephone Service in the Circles of Kerala, Tamil Nadu (excluding Chennai but including Pondicherry), Maharashtra (excluding Mumbai but including Goa).
[F.No. 205/57/98/ITA-II]
