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TypeBare Act JurisdictionCentral Government

Finance Act, 1982 Section 57

Bank of Bhutan to Be Exempt from Liability to Pay Income-tax on Certain Income

~1 min read
https://sooperkanoon.com/act/19767

Bare act section · Research

About this section

Finance Act, 1982 Section 57 is part of Finance Act, 1982 - Bank of Bhutan to Be Exempt from Liability to Pay Income-tax on Certain Income. Read the section text below and explore Indian court judgments that cite it.

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Section Text

Notwithstanding anything contained in the Income-tax Act, the Bank of Bhutan constituted under the Royal Charter of the Bank of Bhutan, 1968, shall not be liable to pay any income-tax on the interest accruing during the period commencing on the 1st day of January, 1972, and ending with the 31st day of December, 1986, on the deposits made by that bank with the State Bank of India constituted under the State Bank of India Act, 1955 (23 of 1955).

Frequently asked questions

What does Finance Act, 1982 Section 57 provide?

Section Section 57 of the Finance Act, 1982 (Bank of Bhutan to Be Exempt from Liability to Pay Income-tax on Certain Income) is reproduced on this page as part of the Finance Act, 1982. 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, 1982 Section 57?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act, 1982 Section 57. 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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