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National award money of rs. 25000/- received by a teacher

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16 June 2015 A teacher had received National Award from President of India and a cash money of Rs. 25000/-. Advise whether the cash money is exempt, if so under which Section or taxable under Income from Other Sources?

16 June 2015 This is exempt u/s 10(17A) of Income TAx Act

16 June 2015 Agree with Mr. Dugal Patel




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