Notification No : 82
Section(s) Referred : section 10 (23G)
Date of Issue : 11/3/2004
Notification No. 82 of 2004, dt. 11th Mar., 2004
It is notified for general information that the enterprise/undertaking, 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, with effect from the Asstt. Year 2004-2005.
2. The approval is subject to the conditions that –
(i) the enterprise/undertaking wilt 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/ undertaking: –
(a) ceases to carry on the eligible business as defined in Explanation (b) to Rule 2E of I.T. Rules, 1962; or,
(b) fails to maintain books of account and get such accounts audited by an accountant as required by sub-rule
(6) of rule 2E of the Income-tax Rules. 1962; or
(c) fails to furnish the audit report as required by sub-rule (6) of rule 2E of the Income-tax Rules, 1962.
3. The enterprise/undertaking approved is –
M/s Energy Development Company Ltd, Regd. Office Village Hulugunda, Taluka Somwarpet. Distt. Kodagu, Karnataka-571233 and Corporate Office at Azimganj House, 7, Camac Street, 1st Floor, Kolkata-700017 for 9 MW Mini Hydro Electric Project at Harangi Left Bank Canal near Kushalnagar, Kodagu Distt. Karnataka.