Approved Combined Cycle Power Project at Harihar, Karnataka by M/s Atria Power Corporation Limited, Bangalore u/s 10(23G) - 11123 - Income Tax

Approved Combined Cycle Power Project at Harihar, Karnataka by M/s Atria Power Corporation Limited, Bangalore u/s 10(23G) NOTIFICATION NO. 11123 DATED 12-11-1999 It is notified for general information that enterprise/industrial 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, for the assessment years 1999-2000, 2000-2001 and 2001-2002. 2. The approval is subject to the conditions 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 2F 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/industrial undertaking approved is 104MW Combined Cycle Power Project at Harihar, Karnataka by M/s Atria Power Corporation Limited, No. 1, Palace Road, Bangalore-560001. [F.No. 205/127/99-ITA-II]