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Section 50A: Exemption from tax on income.

The Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016.Central Act · Act 18 of 2016

[50A. Exemption from tax on income. -- 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, the Authority shall not be liable to pay income-tax or any other tax in respect of its income, profits or gains.]

Where this provision sits

ActThe Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016.
Section50A
Marginal noteExemption from tax on income.
JurisdictionCentral
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • inserted, Act 14 of 2019. . Ins. by Act 14 of 2019, s. 21 (w.e.f. 25-7-2019).

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