Central Act
20
Section 20. Exemption from taxes.
The Rehabilitation Finance Administration Act, 1948
In forceAll India (Central Act)
20. Exemption from taxes. Notwithstanding anything contained in the Indian Income-tax Act, 1922 (11 of 1922)1 , 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 or any incomes, profits or gains.