Section 49 of WDR Act : Section 49: Exemption From Tax On Wealth And Income
WDR Act
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Explanation using Example
Imagine a government-established entity called the Warehousing Development Regulatory Authority (WDRA) that oversees the functioning of warehouses and ensures their development and regulation. According to Section 49 of The Warehousing (Development and Regulation) Act, 2007, this Authority earns income through various activitie...
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