Income tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 July 2011
What type of Income will come U/S 10
29 July 2011
Exempt Incomes
Such as Dividend Income, Long term capital gain on Listen shares with STT paid etc.
Such as Dividend Income, Long term capital gain on Listen shares with STT paid etc.
30 July 2011
As such we can say that income will not come in your statement of total income to the extent it is covered by Section 10 .
Or you can say outcome of section 10 income results in NIL taxation.
Or you can say outcome of section 10 income results in NIL taxation.
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