Securities And Exchange Board of India Act, 1992
Section - 25 - Exemption from tax on wealth and income
Exemption from tax on wealth and income
.
25
. Notwithstanding anything contained in the Wealth-tax Act, 1957 (27 of 1957), the Income-tax Act, 1961 (43 of 1961) or any other enactment for the time being in force relating to tax on wealth, income, profits or gains-
shall not be liable to pay wealth-tax, income-tax or any other tax in respect of their wealth, income, profits or gains derived.
| (a) | - | the Board; |
| (b) | - | the existing Securities and Exchange Board from the date of its constitution to the date of establishment of the Board, |
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