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Section 20 – The Rehabilitation Finance Administration Act,1948

The Rehabilitation Finance Administration Act,1948

Section 20. Exemption form taxes

Notwithstanding anything contained in the Indian Income-tax Act,1922 (11 of 1922), 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 on any incomes, profits or gains.

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The Rehabilitation Finance Administration Act,1948

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