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Income from opium

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(Querist)
26 December 2009 If the busniess of Opium is prohibited by law, can i claim exempt in income tax
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Heera Nahariya

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Heera Nahariya (Expert)
26 December 2009 Illegal income is not exempt under income tax.
Income tax is tax on income. It has nothing to do with the legality of your business. Under Narcotic act it is prohibited.

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