Section 35
Provisions relating to income-tax.
The Airports Authority of India Act, 1994
About this Act
An Act to provide for the constitution of the Airports Authority of India and for the transfer and vesting of the undertakings of the International Airports Authority of India and the National Airports Authority to and in the Airports Authority of India so constituted for the better administration and cohesive management of airports and civil enclaves whereat air transport services are operated or are intended to be operated and of all aeronautical communication stations for the purposes of establishing or assisting in the establishment of airports and for matters connected therewith or incidental thereto.
For the purposes of the Income-tax Act, 1961 (43 of 1961)
or any other enactment for the time being in force relating to income-tax or any other tax on income,
profits or gains, the Authority shall be deemed to be a company within the meaning of the Income-tax
Act, 1961 and shall be liable to tax accordingly on its income, profits and gains.