Section 29
Power to exempt from duty or tax
of Fishermen'S Associations Act 1971
ActIn forceProvision 35 of 42
Section 29
The Minister of Finance may by notification in the Gazette, in the case of any Fishermen’s Association or any class of such associations reduce or remit—
(a)
the duty or tax which under any law for the time being in force may be payable in respect of the profits of such association or of the dividends or other payments received by the members of such association on account of profits;
(b)
(Deleted by Act 478).