Post
Question
| Section | Type of Income |
| 10(1) | Income from agriculture |
| 10(2) | Share from the income of HUF (Hindu Undivided Family) |
| 10(2A) | Profit from a firm in case it files separate income returns |
| 10(3) | Income up to Rs.5000 received casually. For income through horse race, shouldn’t exceed Rs.2500 |
| 10(4) | Interest from NRE account or notified bonds |
| 10(10) | Gratuity received by a government employee on death or retirement |
| 10(16) | Scholarship to meet the cost of education |
| 10(23D) | Income from tax-free mutual funds |
| 10(26A) | Income earned by a resident of Ladakh in Ladakh or outside India |
| 10(30) | Subsidy from the Tea Board |
| 10(31) | Replantation subsidy approved by a board |
| 10(32) | Up to Rs.1500 in income of a minor when clubbed with the income of adult |
| 10(34A) | Income from buyback of shares |
| 10(35) | Income or dividends from MFs and UTI |
| 10(37) | Income from the acquisition of agricultural land by the government |
| 10(18) | Pension |
| 10(5) | LTA or Leave Travel Allowance |
| 10(10) | Income received by non-government employees through retrenchment compensation, leave encashment, gratuity, or pension is subject to prescribed limits |
| 10(13A) | House rent allowance |
| 10(13) | Payments received from approved superannuation funds |
| 10(14) | Allowances such as Transport Allowance, Children’s Education Allowance, etc. |
Who are exempted from income tax?
Harmeet
✔In Progress
👁506
Views
September 24, 2021
2021-09-24T15:12:45+00:00 2021-09-24T17:28:47+00:00Comment
1
Answers
Taxes
Share