Subsidy from Govt for Submerging of crop-Reg

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At the time of Paddy harvest,there was incessant rain Submerging entire paddy crops causing heavy damage and loss.As a relief ,our tamilnadu government has given amount which has been credited to the extent of Rs.38000/ in my bank account .I am an income tax assessee . Kindly guide me whether the sum Credited can be claimed as exempt from tax or have to offer it as income from other sources.
Replies (1)
It is not income but a captial receipt. it is exempt.


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