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Case law › Notifications › 2005 › Notification No. 56
Notification 15 February 2005

Notification No. 56

A notification under section 10 of the Income-tax Act, 1961

What this is

Notification No. 56 was published on 15 February 2005. Its subject is A notification under section 10 of the Income-tax Act, 1961.

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. 56/2005, DATED 15-2-2005

It is notified for general information that the approval to the enterprise/undertaking, listed at para (3) below has been renewed 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 Assessment Year 2004-05 to Assessment Year 2022-2023 (upto 26.09.2021) i.e. end of period of 20 years as specified in the Licence Agreement dated 27.09.2001 as mentioned in Para 3 below, or earlier, in the event of violation of the terms of the agreement 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 IT. 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 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.
(iii) the enterprise/undertaking shall start providing cellular Mobile telephone services on or before 31.03.2005 failing which approval shall be withdrawn.
3. The enterprise/undertaking approved is —
M/s Reliable Internet Services Limited, 1st Floor, Gopal Das Bhavan, 28, Barakhamba Road, New Delhi-110001 for their project of providing Cellular Mobile Telephone Services at Kolkata Metro Service Area as per Licence Agreement No.842-385/2001-VAS/Kolkata dated 27 th September, 2001 enterered into with the President of India acting through Assistant Director General (VAS-I), Department of Telecommunications (DOT), New Delhi (F. No 205/48/2001 - ITA-II)(Vol.1)

[F.No.205/48/2001/ITA.II)(Vol. I)]

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. 57  ·  Notification No. 55 →

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.