Income from UTI (US 64) is taxable or Exempted ?
This query is : Resolved
26 July 2009
Whether Income from UTI (US 64) is taxable or Exempted ?
26 July 2009
Exempted u/s 10(33) of the income tax Act,1961.
Also read a good article about the matter in
http://money.outlookindia.com/scripts/IIH021C1.ASP?SectionID=5&CategoryID=44&ArticleID=2105&search=Y&SecID=0&SearchFor=1&txtSearch=clearing+the+air
Also read a good article about the matter in
http://money.outlookindia.com/scripts/IIH021C1.ASP?SectionID=5&CategoryID=44&ArticleID=2105&search=Y&SecID=0&SearchFor=1&txtSearch=clearing+the+air
26 July 2009
its exempt
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