Act Number: 14

Act Name: The Damodar Valley Corporation Act, 1948

Year: 1948

Enactment Date: 1948-03-27

Long Title: 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.

Ministry: Ministry of Power

Department:

Section 43: Liability to pay Central taxes.
    (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.
Previous Section Next Section
Scroll to Top