Approved Samal Barrage Hydro Electric Project, Angul District, Orissa, by Orissa Power Consortium Ltd., Bhubaneswar - 11368 - Income Tax

Approved Samal Barrage Hydro Electric Project, Angul District, Orissa, by Orissa Power Consortium Ltd., Bhubaneswar NOTIFICATION NO. 11368 DATED 15-5-2000 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 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 is--5 x 4 mw Samal Barrage Hydro Electric Project, Angul District, Orissa, by Orissa Power Consortium Ltd., F-6, B, Jagabandhu Nagar, Bhubaneswar-751014. [Notification No. 11368/F. No. 205/25/2000-ITA-II]