Approved various enterprises/industrial u/s 10(23G) - 11333 - Income Tax

Approved various enterprises/industrial u/s 10(23G) NOTIFICATION NO. 11333 DATED 11-4-2000 It is notified for general information that enterprises/industrial undertakings, 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/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 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 undertakings approved are--- ( i ) 20 MV Hydel Power Project at Kabini River Dam Site in Heggadadevana Kote Taluk, Mysore District, Karnataka by M/s Subhash Kabini Power Corporation Ltd., 8/2, Ulsoor Road, Bangalore (F. No. 205/192/99-ITA-II) ( ii ) 2 x 260 MW Coal fired thermal power project at Ramagundam, Distt. Karimnagar, Andhra Pradesh of M/s BPL Power Projects (AP) Ltd., 8-2-583/3, Road No. 9, Banjara Hills, Hyderabad - 500034. (F. No. 205/15/2000-ITA-II) ( iii ) Construction of Jetty/Wharf/Quay at port at Navinal Island, Mundra Taluk, Kachchh District, Gujarat by M/s. Adani Port Ltd., "Adani House", Shrimali Society, N.R. Mithakali Circle, Navrangpura, Ahmedabad-380009, under the agreement dated 11th March, 1996 between Gujarat Maritime Board and M/s. Adani Port Ltd. (F.No. 205/17/2000-ITA-II) ( iv ) Development of 185 MLD integrated water supply and sewage project involving ( a ) supply of potable water to wayside village, ( b ) supply of potable water to TM for domestic and non-domestic purpose, ( c ) offtake, treatment and disposal of sewage from TM, including low cost sanitation facilities within TM and ( d ) supply of potable water to industries in the service area on BOT basis by M/s. New Tirupur Area Development Corporation Ltd., 85, Santhome High Road, Chennai-600028, under the agreement dated 11th Feb., 2000 between the Government of the State of Tamil Nadu, Tirupur Municipality and New Tirupur Area Development Corporation Ltd. (F.No. 205/152/99-ITA-II) ( v ) Construction of Sikar Byepass on NH 11 between km. 340/175 to Km. 356/965 and construction of Bharatpur Byepass from Bharatpur Mathura Road (km 4/553) to Bharatpur Jaipur Road on NH 11 (km 59/800) under BOT basis by M/s. MSK Projects (India) Ltd. Joint Venture, 707, Sterling Centre, R.C. Dutt Road, Baroda, under the agreements dated 19th Aug., 1998 between Government of Rajasthan and M/s. MSK Projects (India) Ltd. Joint Venture (F.No. 205/95/99-ITA-II)