Section 32: Exemption from tax on wealth and income

Q: What does Section 32 of The Telecom Regulatory Authority of India Act, 1997 (TRAI Act) deal with?

Section 32 TRAI Act pertains to "Exemption from tax on wealth and income". It is part of the The Telecom Regulatory Authority of India Act, 1997, a legislation enacted by the Parliament of India. Section 32 of The Telecom Regulatory Authority of India Act, 1997 (TRAI Act) governs exemption from tax on wealth and income. As verified on 19 May 2026.

Q: Is Section 32 TRAI Act still in force?

Yes, Section 32 of the The Telecom Regulatory Authority of India Act, 1997 is currently in force across the Republic of India.

Q: What is धारा 32 TRAI Act?

धारा 32 TRAI Act is the Devanagari Hindi reference for Section 32 of the The Telecom Regulatory Authority of India Act, 1997. Section 32 of The Telecom Regulatory Authority of India Act, 1997 (TRAI Act) governs exemption from tax on wealth and income. As verified on 19 May 2026.

Q: What is Dhara 32 TRAI Act?

Dhara 32 TRAI Act is the Roman Hindi reference for Section 32 of the The Telecom Regulatory Authority of India Act, 1997. "Dhara" means "Section" in Hindi. Section 32 of The Telecom Regulatory Authority of India Act, 1997 (TRAI Act) governs exemption from tax on wealth and income. As verified on 19 May 2026.

Q: How to cite Section 32 of The Telecom Regulatory Authority of India Act, 1997?

Cite as: "Section 32, The Telecom Regulatory Authority of India Act, 1997 (TRAI Act)" in legal briefs. For academic writing, use the BlueBook format: The Telecom Regulatory Authority of India Act, 1997, § 32 (India).

Law on Tips Editorial Board

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, the Authority shall not be liable to pay wealth-tax, income-tax or any other tax in respect of their wealth, income, profits or gains derived.