Sir
I want to know that Jamnalal Bajaj Award for social welfare is exempted from income tax
Poorna
2 Replies
shweta bhatter
(CA)
(173 Points)
Replied 11 March 2016
since the act is silent on this award specifically, I assume it is taxable.
Varun Sharma
(Proprietor-Sharma Varun & Co.)
(244 Points)
Replied 11 March 2016
I agree with Ms. Shweta
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