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The Energy Conservation Act, 2001

49. Exemption from tax on income.-

Notwithstanding anything contained in the Income-tax Act, 1961 (43 of 1961) or any other enactment for the time being in force relating to tax on income, profits or gains-

a.   the Bureau;

b.   the existing Energy Management Centre from the date of its constitution to the date of establishment of the Bureau, shall not be liable to pay any income-tax or any tax in respect of their income, profits or gains derived.

Energy Conservation Act, 2001 Back

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