Notification No. : 279
Date of Issue : 23/9/2002
Section(s) Referred : s. 10(23G)
Notification No. 279 of 2002, dt. 23rd Sept., 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 Adani Port Ltd., Shrimali Society, N.R. Methakali Circle, Navrangpura, Ahmedabad-380009, for their project of construction of Jetty/Wharf, Quay at Port at Navinal Island, Mudra Taluk Kachchli, Distt. Gujarat.
F. No. 205/17/2000-ITA-I]
