Bare ActsThe Energy Conservation Act, 2001

Section 49

Exemption from tax on income.

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

Notwithstanding anything contained in the Income-tax Act, 1961 (43 of 1961) or any other enactment for the time being in force relating to tax on income, profits or gains-- (a) the Bureau; (b) the existing Energy Management Centre from the date of its constitution to the date of establishment of the Bureau, shall not be liable to pay any income-tax or any tax in respect of their income, profits or gains derived.

Section 49 – The Energy Conservation Act, 2001 | DailyLaw.ai