LawgistThe Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act
50AExemption from tax on income
1[50A. 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, the Authority shall not be liable to pay income-tax or any other tax in respect of its income, profits or gains.]
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1. Ins. by Act 14 of 2019, s. 21 (w.e.f. 25-7-2019).
MISCELLANEOUS
- 48 Power of Central Government to supersede Authority
- 49 Members, officers, etc., to be public servants
- 50 Power of Central Government to issue directions
- 50A Exemption from tax on income
- 51 Delegation
- 52 Protection of action taken in good faith
- 53 Power of Central Government to make rules
- 54 Power of Authority to make regulations
- 55 Laying of rules and regulations before Parliament
- 56 Application of other laws not barred
- 57 Act not to prevent use of Aadhaar number for other purposes under law
- 58 Power to remove difficulties
- 59 Savings
