Approval of 1171 Kms transmission System from Siliguri to Mandaula Project by M/s Powerlinks Transmission Ltd., New Delhi u/s. 10(23G)

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..... 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 2004-05 to Assessment Year 2029-2030 (upto 12.11.2028) i.e. end of period of 25 years specified in the Lice .....

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..... rule 2E of the Income-tax Rules, 1962. (iii) the enterprise/undertaking starts transmission or distribution by laying a network of new transmission or distribution lines of the project mentioned in para (3) below on or before 31st day of March, 2006 as per provisions of Section 80IA(4)(iv)(b) of the Income-tax Act, 1961 failing which the approval shall be withdrawn 3. The enterprise/undertaking .....

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