https://www.taxtmi.com/acts?id=46609 The amendment inserts section 42A into the Agricultural Refinance and Development Corporation Act, 1963, providing that, notwithstanding the Income-tax Act, 1961, and the Companies (Profits) Surtax Act, 1964, the Corporation shall not be liable for income-tax or surtax on its income, profits or gains for the previous year relevant to the assessment year commencing on 1 April 1979 and for the four previous years next following that previous year. en-us Tue, 24 Dec 2024 16:27:41 +0530 Tue, 24 Dec 2024 16:27:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=46609 The amendment inserts section 42A into the Agricultural Refinance and Development Corporation Act, 1963, providing that, notwithstanding the Income-tax Act, 1961, and the Companies (Profits) Surtax Act, 1964, the Corporation shall not be liable for income-tax or surtax on its income, profits or gains for the previous year relevant to the assessment year commencing on 1 April 1979 and for the four previous years next following that previous year. Act-Rules F. Acts / Amendment Acts Tue, 24 Dec 2024 16:27:41 +0530 https://www.taxtmi.com/acts?id=46609