Approved Cellular Mobilc Telephone Service in Delhi of M/s Bharti Cellular Limited, New Delhi u/s 10(23G) - 11189 - Income Tax

Approved Cellular Mobilc Telephone Service in Delhi of M/s Bharti Cellular Limited, New Delhi u/s 10(23G) NOTIFICATION NO. 11189 DATED 31-12-1999 It is notified for general information that enterprise, listed at para (3) below have 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 condition that : ( i ) the enterprise 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 : ( 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--- Cellular Mobilc Telephone Service in Delhi of M/s Bharti Cellular Limited, D-148, Okhla Industrial Area, Phase-I, New Delhi-110020 , under the license agreement No. 842/58/93-TM dated 29th Nov., 1994 between President of India, acting through Director (TM-1), Department of Telecommunication and M/s Bharti Cellular Limited. [F. No. 205/5/98/ITA-II]