law: The Warehousing (Development and Regulation) Act, 2007
  49. Exemption from
  
  tax on wealth and income. -
  Notwithstanding
  
  anything contained in the Wealth-tax Act, 1957, the Income-tax Act, 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.