Approved Ranganandi Hydro Electric Power Project and 3x25 Doyang Hydro Electric Power Project of M/s North Eastern Electric Power Corporation Ltd. Shillong u/s 10(23G) - 11218 - Income Tax

Approved Ranganandi Hydro Electric Power Project and 3x25 Doyang Hydro Electric Power Project of M/s North Eastern Electric Power Corporation Ltd. Shillong u/s 10(23G) NOTIFICATION NO. 11218 DATED 27-1-2000 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 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 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 enterprises/industrial undertaking approved is ---- 3x135 Ranganandi Hydro Electric Power Project at Arunachal Pradesh and 3x25 Doyang Hydro Electric Power Project at Nagaland of M/s North Eastern Electric Power Corporation Ltd. (Government of India Undertaking), Brookland Compound, Lower New Colony, Shillong-793003. [F. No. 205/133/99/ITA-II]