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Section 49: Exemption from tax on wealth and income.

The Warehousing (Development and Regulation) Act, 2007Central Act · Act 37 of 2007

Notwithstanding anything contained in the Wealth-tax Act, 1957 (27 of 1957), the Income-tax Act, 1961 (43 of 1961) or any other enactment for the time being in force relating to tax on wealth, income, profits or gains, the Authority shall not be liable to pay wealth-tax, income-tax or any other tax in respect of their wealth, income, profits or gains derived.

Where this provision sits

ActThe Warehousing (Development and Regulation) Act, 2007
Section49
Marginal noteExemption from tax on wealth and income.
JurisdictionCentral
StatusIn force as published by the source

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