https://www.taxtmi.com/acts?id=37433 A new section 50A provides that, notwithstanding the Income tax Act or any other enactment relating to tax on income, profits or gains, the Authority shall not be liable to pay income tax or any other tax in respect of its income, profits or gains, thereby creating an express statutory exemption for the Authority's receipts. en-us Wed, 21 Aug 2019 13:18:26 +0530 Wed, 21 Aug 2019 13:18:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37433 A new section 50A provides that, notwithstanding the Income tax Act or any other enactment relating to tax on income, profits or gains, the Authority shall not be liable to pay income tax or any other tax in respect of its income, profits or gains, thereby creating an express statutory exemption for the Authority's receipts. Act-Rules F. Acts / Amendment Acts Wed, 21 Aug 2019 13:18:26 +0530 https://www.taxtmi.com/acts?id=37433