Section 49
Exemption from tax on income.
The Energy Conservation Act, 2001
About this Act
An Act to provide for efficient use of energy and its conservation and for matters connected therewith or incidental thereto.
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.
(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.