Central Act
49
Section 49. Exemption from tax on income.
The Energy Conservation Act, 2001
In forceAll India (Central Act)
49. 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-- (a) the Bureau; (b) the existing Energy Management Centre from the date of its constitution to the date of establishment of the Bureau, shall not be liable to pay any income-tax or any tax in respect of their income, profits or gains derived.