Bare ActsThe Damodar Valley Corporation Act, 1948

Section 43

Liability to pay Central taxes.

Amendment status not verified — confirm the current text below against the official source.

(1) The Corporation shall be liable to pay any taxes on income levied by the Central Government in the same manner and to the same extent as a company. (2) The State Governments shall not be entitled to any refund of any such taxes paid by the Corporation.

Section 43 – The Damodar Valley Corporation Act, 1948 | DailyLaw.ai