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Section 24A: Exemption from liability to pay income-tax.

The Khadi and Village Industries Commission Act, 1956Central Act · Act 61 of 1956

[24A. Exemption from liability to pay income-tax.-- Notwithstanding anything contained in the Income-tax Act, 1961 (43 of 1961), the Commission shall not be liable to pay any income-tax on its income, profits or gains.]

Where this provision sits

ActThe Khadi and Village Industries Commission Act, 1956
Section24A
Marginal noteExemption from liability to pay income-tax.
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 29 of 1977. Ins. by Act 29 of 1977, s. 34 (w.e.f. 1-4-1962).

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