Section 54: After section 115BAD of the Income-tax Act, with effect from the 1st day of April, 2024, the following section shall be inserted, namely:

Q: What does Section 54 of The Press and Registration of Periodicals Act, 2023 (TPRPA) deal with?

Section 54 TPRPA pertains to "After section 115BAD of the Income-tax Act, with effect from the 1st day of April, 2024, the following section shall be inserted, namely:". It is part of the The Press and Registration of Periodicals Act, 2023, a legislation enacted by the Parliament of India. Section 54 of The Press and Registration of Periodicals Act, 2023 (TPRPA) governs after section 115BAD of the Income-tax Act, with effect from the 1st day of April, 2024, the following section shall be inserted, namely:. As verified on 19 May 2026.

Q: Is Section 54 TPRPA still in force?

Yes, Section 54 of the The Press and Registration of Periodicals Act, 2023 is currently in force across the Republic of India.

Q: What is धारा 54 TPRPA?

धारा 54 TPRPA is the Devanagari Hindi reference for Section 54 of the The Press and Registration of Periodicals Act, 2023. Section 54 of The Press and Registration of Periodicals Act, 2023 (TPRPA) governs after section 115BAD of the Income-tax Act, with effect from the 1st day of April, 2024, the following section shall be inserted, namely:. As verified on 19 May 2026.

Q: What is Dhara 54 TPRPA?

Dhara 54 TPRPA is the Roman Hindi reference for Section 54 of the The Press and Registration of Periodicals Act, 2023. "Dhara" means "Section" in Hindi. Section 54 of The Press and Registration of Periodicals Act, 2023 (TPRPA) governs after section 115BAD of the Income-tax Act, with effect from the 1st day of April, 2024, the following section shall be inserted, namely:. As verified on 19 May 2026.

Q: How to cite Section 54 of The Press and Registration of Periodicals Act, 2023?

Cite as: "Section 54, The Press and Registration of Periodicals Act, 2023 (TPRPA)" in legal briefs. For academic writing, use the BlueBook format: The Press and Registration of Periodicals Act, 2023, § 54 (India).

Law on Tips Editorial Board

"115BAE. (1) Notwithstanding anything contained in this Act but subject to the provisions of this Chapter, other than those mentioned under section 115BAD, the income-tax payable in respect of the total income of an assessee, being a co-operative society resident in India, for any previous year relevant to the assessment year beginning on or after the 1st day of April, 2024, shall, at the option of such assessee, be computed at the rate of fifteen per cent. if the conditions contained in sub-section (2) are satisfied:

Provided that where the total income of the assessee includes any income, which has neither been derived from nor is incidental to, manufacturing or production of an article or thing and in respect of which no specific rate of tax has been provided separately under this Chapter, such income shall be taxed at the rate of twenty-two per cent. and no deduction or allowance in respect of any expenditure or allowance shall be made in computing such income: