Section 43
Liability to pay Central taxes.
The Damodar Valley Corporation Act, 1948
About this Act
An Act to provide for the establishment and regulation of a Corporation for the development of the Damodar Valley in the Provinces of Bihar and West Bengal.
(1) The Corporation shall be liable to pay any taxes on income
levied by the Central Government in the same manner and to the same extent as a company.
(2) The State Governments shall not be entitled to any refund of any such taxes paid by the Corporation.
(2) The State Governments shall not be entitled to any refund of any such taxes paid by the Corporation.