hi dear
as know ex. ex. tax is a provision under tax where exmepted incomes under chapter VI are combined together & they combinelly exmepted but if any other income drived from that expted incomes then that income is taxable in hands of assessee .
eg: if assessee purchase IVP & NSE it is expted form tax but interest recieved is taxable in hands of assessee
that is expt-expt-tax
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