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Case law › Notifications › 2005 › Notification No. 52
Notification 11 February 2005

Notification No. 52

Approval of an institution under section 10 of the Income-tax Act, 1961

What this is

Notification No. 52 was published on 11 February 2005. Its subject is Approval of an institution under section 10 of the Income-tax Act, 1961.

This is an approval of a named institution. It affects that institution and the people who deal with it; the years it covers are stated in it and are the whole of its reach.

The provisions it speaks to

Left, the provision of the Income-tax Act, 1961 as the instrument itself names it. Right, the section of the Income-tax Act, 2025 that the department’s own concordance maps it to — which is where the same ground is now covered.
Under the 1961 ActNow
s.10s.11, s.19

The instrument, as the Board published it

The words below are the department’s own, reproduced from its published text. Where the department’s copy carried a publisher’s notes after the instrument, those are not reproduced.

NOTIFICATION NO. 52/2005, DATED 11-2-2005

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 2003-2004 to Assessment Year 2017-2018 (upto 15.11.2016) i.e. the end of lease period of 14 years as specified in agreement dated 02.03.2000 between Commissioner, Alandur Municipality, Alandur and IVRCL Infrastructure & Projects Limited and agreement dated 03.05.2001 between IVRCL Infrastructure & Projects Ltd and M/s First STP Pvt. Ltd and letter dated 08.05.2001 from the Commissioner, Alandur Municipality, Alandur or earlier in the event of violation of the terms of the agreements aforesaid.
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 (6) of rule2E 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 First STP Pvt. Ltd, Door No.9, Plot No.16, Mancholai 1st Main Road, Kalaimangal Nagar, Ekkathuthangal, Chennai-600097 for their project of Construction, operation and mainteance of sewage treatment plant for Alandur Municipality as per agreement dated 02.03.2000 between Commissioner, Alandur Municipality, Alandur and IVRCL Infrastructure & Projects Limited and agreement dated 03.05.2001 between IVRCL Infrastructure & Projects Ltd and M/s First STP Pvt. Ltd and letter dated 08.05.2001 from the Commissioner, Alandur Municipality, Alandur.(F. No 205/41/2004 - ITA-II).

[F.NO.205/41/2004/ITA.II]

What it names

Rules it names. Rule 2E of the Income-tax Rules, 1962. The 1962 Rules were replaced by the Income-tax Rules, 2026, which renumbered nearly everything: a rule number quoted here almost never means the same rule today.

On the same provision

Other instruments in this library that name the same provision of the 1961 Act. They are not necessarily still operative, and a later one may have replaced an earlier one without saying so.

← Notification No. 53  ·  Notification No. 51 →

What a notification is. A notification is made under a power the Act itself gives, and within that power it is law — unlike a circular, which only binds the department. Its reach is the reach of the enabling provision and no wider, and the date it carries decides from when it works.

Source: the Income Tax Department’s own published text — its page for this instrument.