Income Tax Department

Ministry of Finance, Government of India

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Section 83

Income of marketing society

Section

Section Number

83

Chapter

Chapter VII - INCOMES FORMING PART OF TOTAL INCOME ON WHICH NO INCOME-TAX IS PAYABLE

Act

Income-tax Act, 1961

Year

1965

Income of marketing society

Income of marketing society

Income of marketing society

83. Income-tax shall not be payable by an assessee, which is an authority constituted under any law for the time being in force for the marketing of commodities, in respect of any income derived from the letting of godowns or warehouses for storage, processing or facilitating the marketing of commodities.

 

 

[As amended by the Finance Act, 1965]

Footnotes