Approved various enterprises u/s 10(23G) - S.O.1462 - Income Tax

Approved various enterprises u/s 10(23G) NOTIFICATION NO. S.O.1462 DATED 6-6-2001 It is notified for general information that enterprises 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 2001-2002, 2002-2003 and 2003-2004. 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 enterprises approved are- ( i ) augmentation to water supply scheme to K. R. Nagar Town with Cauveri river as source, by S. M. S. Paryavaran (P.) Ltd., under the agreement dated 13th October, 2000, between Chief Engineer, Karnataka Urban Water Supply and Drainage Board and S. M. S. Paryavaran (P.) Ltd., 216, Vats Market (behind Shiva Market), Pitampura, Delhi-110 034. (F. No. 205/ 97/99-ITA-II, Vol. I). ( ii ) development of Dheeraj Presidency Housing Project at Malad, Mumbai, by Group Housing Development Corporation Private Limited, Ground Floor, Deeraj Vihar, Service Road, Village Mogra, Jogeshwari (East), Mumbai-400 060, as approved by the Brihanmumbai Mahanagar Palika (F. No. 205/22/2001-ITA-II). ( iii ) development of Dheeraj Kirti Housing Project at Malad, Mumbai, by Prithvi Realtor and Capital Private Limited, Paramount, Pali Arcade, Pali Naka, Bandra (West), Mumbai-400 050, as approved by the Municipal Corporation of Greater Mumbai (F. No. 205/25/2001-ITA-II). ( iv ) development of Dheeraj Upvan Housing Project at village Magathane Borivale (East), Mumbai, by Sappire Land Development Private Ltd., Ground Floor, Dheeraj Apartments, P. P. Dias Compound, Natwar Nagar, Road No. 1, Jogeshwari (East), Mumbai-400 060, as approved by the Brihanmumbai Mahanagar Palika (F. No. 205/26/2001-ITA. II). ( v ) development of Dheeraj Presidency Housing Project at Borivalle, Mumbai, by Awas Developers and Constructions Private Limited, as approved by the Brihanmumbai Mahanagarpalika, Paramount Pali Arcade, Pali Naka, Bandra (West), Mumbai-400 050 (F. No. 205/27/2001-ITA-II). [Notification No. 141/2001/F. No. 205/27/2001-ITA. II]