National Dairy Development Board Act : EXEMPTION FROM TAX ON INCOME Indian Bare Acts :

National Dairy Development Board Act,1987

Act No : 37

Section : EXEMPTION FROM TAX ON INCOME

SECTION 44: EXEMPTION FROM TAX ON INCOME

Notwithstanding anything contained in the Income- tax Act, 1961 or any other enactment for the time being in force relating to tax on income, profits or gains, the National Dairy Development Board shall not be liable to pay income-tax or any other tax in respect of its income, profits or gains derived.