Exempt income

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29 July 2014 is it necessary to show exempt income in itr as it is exempt or non taxable?? what is the use of showing non taxable income or exempt income in itr??

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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29 July 2014 Yes it is necessary to disclose the exempted income in ITR. Its for disclosure purpose.

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