https://www.taxtmi.com/acts?id=9370 The property and income of a State are immune from Union taxation, but Parliament may by law authorise taxes on any trade or business carried on by or for a State, related operations, property used for such trade or business, or income arising therefrom; Parliament may also declare classes of trade or business to be incidental to ordinary governmental functions, to which such authorisation does not apply. en-us Mon, 20 Oct 2008 15:40:24 +0530 Thu, 24 Apr 2025 12:47:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=9370 The property and income of a State are immune from Union taxation, but Parliament may by law authorise taxes on any trade or business carried on by or for a State, related operations, property used for such trade or business, or income arising therefrom; Parliament may also declare classes of trade or business to be incidental to ordinary governmental functions, to which such authorisation does not apply. Act-Rules Indian Laws Mon, 20 Oct 2008 15:40:24 +0530 https://www.taxtmi.com/acts?id=9370