Rehabilitation Finance Administration Act : Exemption from taxes. Indian Bare Acts :

Rehabilitation Finance Administration Act,1948

Act No : 12

Section : Exemption from taxes.

20. Exemption from taxes. Notwithstanding anything contained in the Indian Income-tax Act, 1922, (11 of 1922), or in any other enactment for the time being in force relating to income-tax, super- tax or business profits tax, the Administration shall not be liable to pay any income-tax, super-tax or business profits tax on any incomes, profits or gains.