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[Cites 0, Cited by 1] [Section 36] [Entire Act]

Union of India - Subsection

Section 36(4) in The State Bank Of India Act, 1955

(4)No amount applied for any of the purposes specified in sub-section (2) shall, for the purposes of the Income-tax Act, 1961 (13 of 1961), be treated as income, profits or gains of the State Bank.