Notification No. : 192
Date of Issue : 30/7/2002
Section(s) Referred : s. 10(23g)
Notification No. 192 of 2002, dt. 30th July, 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, 1961, 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 Samalpatti Power Company Ltd., Sreyas Virat No. 14, 1st Floor, 3rd Cross Road, Raja Annamalaipuram, Chennai-600028 for their project of 7xl5.094 MW (105.66MW) at Samalpatti in the State of Tama Nadu.