Act Number: 12

Act Name: The Rehabilitation Finance Administration Act, 1948

Year: 1948

Enactment Date: 1948-03-23

Long Title: An Act to establish the Rehabilitation Finance Administration.

Ministry: Ministry of Home Affairs

Department: Department of Internal Security

Section 20: Exemption from taxes.
    Notwithstanding anything contained in the Indian Income-tax Act, 1922 (11 of 1922)1 , or in any other enactment for the time being in force relating to income-tax, super-tax or business profits tax, the Administration shall not be liable to pay any income-tax, super-tax or business profits tax or any incomes, profits or gains.
Notes:
1. See now the Income-tax Act, 1961 (43 of 1961).
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