Act Number: 61

Act Name: The Khadi and Village Industries Commission Act, 1956

Year: 1956

Enactment Date: 1956-09-25

Long Title: An Act to provide for the establishment of a Commission for the development of Khadi and Village Industries and for matters connected therewith.

Ministry: Ministry of Micro, Small and Medium Enterprises

Department:

Section 24A: Exemption from liability to pay income-tax.
1[24A. Exemption from liability to pay income-tax.-- Notwithstanding anything contained in the Income-tax Act, 1961 (43 of 1961), the Commission shall not be liable to pay any income-tax on its income, profits or gains.]
Notes:
1 Ins. by Act 29 of 1977, s. 34 (w.e.f. 1-4-1962).
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