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TypeBare Act JurisdictionCentral Government

Finance Act 1979 Section 44

Amendment of Act 10 of 1963

~1 min read
https://sooperkanoon.com/act/15385

Bare act section · Research

About this section

Finance Act 1979 Section 44 is part of Finance Act 1979 - Amendment of Act 10 of 1963. Read the section text below and explore Indian court judgments that cite it.

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Section Text

In the Agricultural Refinance and Development Corporation Act, 1963, after section 42, the following section shall be inserted, namely :-

"42A. Corporation to be exempt from income-tax and surtax for a certain period. - Notwithstanding anything contained in the Income-tax Act, 1961 (43 of 1961), or the Companies (Profits) Surtax Act, 1964 (7 of 1964), the Corporation shall not be liable to pay any tax under either of the said Acts on its income, profits or gains for the previous year relevant to the assessment year commencing on the 1st day of April, 1979, and for the four previous years next following that previous year.".

Frequently asked questions

What does Finance Act 1979 Section 44 provide?

Section Section 44 of the Finance Act 1979 (Amendment of Act 10 of 1963) is reproduced on this page as part of the Finance Act 1979. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Finance Act 1979 Section 44?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act 1979 Section 44. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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