Approval of M/s RVK Energy Pvt Ltd. u/s 10(23G) of the Income tax Act, 1961 - 219/2004 - Income Tax

Approval of M/s RVK Energy Pvt Ltd. u/s 10(23G) of the Income tax Act, 1961 Notification No: 219 Dated 18-Aug-2004 It is notified for general information that the enterprise/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 with effect from the Asstt. Year 2003-04. 2. The approval is subject to the conditions that- (i) the enterprise/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/undertaking: - (a) ceases to carry on the eligible business as defined in Explanation (b) to Rule 2E of I.T. Rules, 1962; or (b) fails to maintain books of account and get such accounts audited by an accountant as required by sub-rule (61 of rule 2E of the Income-tax Rules, 1962; or (c) fails to furnish the audit report as required by sub-rule (6) of rule 2E of the Income-tax Rules, 1962. 3. The enterprise/undertaking approved is- M/s RVK Energy Pvt Ltd, 1st Floor, SDE Serene Chambers, Road No.7, Banjara Hills, Hyderabad-500034 for their project of 32.7 MW Mini Power Plant at Konkepudi Village, Pedana Mandal, Krishna District, Andhra Pradesh. Sd/- (Nidhi Singh) Under Secretary to the Govt. of India Central Board of Direct Taxes F.No. 205/176/99/ITA.II (Vol.I)