07 February 2011
Amount received in the name of Research Rs. 10,00,000/- ..whether it will be exempt under any section of income tax act 1961. Amount is received from ICAI .
16 March 2011
@ Karan :- Amount is rceived by individual. No the individual is not notified by tax authorities. I want ask whether it can be exempt under any su-section of Section 10 of IT Act. 1961