The Airports Authority of India Act

Submission of annual report

Delegatio

Authentication of orders and other instruments of the Authorit

Officers and employees of the Authority to be public servants

Protection of action taken in good faith

Custody and disposal of lost property

Provisions relating to income-tax

Power of the Authority to undertake certain works

Power to issue directions

Power of the Central Government to temporarily divest the Authority of the management of any airport

Power of the Central Government to supersede the Authorit

Power of the Central Government to issue directions

Power to make rule

Power to make regulation

Rules and regulations to be laid before Parliament

Power to remove difficulties

Repealed.

Repeal and savin


MISCELLANEOUS


For the purposes of the Income-tax Act, 1961 (43 of 1961)
or any other enactment for the time being in force relating to income-tax or any other tax on income,
profits or gains, the Authority shall be deemed to be a company within the meaning of the Income-tax
Act, 1961 and shall be liable to tax accordingly on its income, profits and gains.

LAWGIST

# 35 Provisions relating to income-tax