Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Entire Act]

Union of India - Section

Section 24A in The Khadi And Village Industries Commission Act, 1956

24A. [ Exemption from liability to pay income-tax. [Inserted by Act 29 of 1977, Section 34 (w.e.f. 1-4-1962)]

Notwithstanding anything contained in the Income-tax Act, 1961 (43 of 1961), the Commission shall not be liable to pay any income-tax on its income, profits or gains.]