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Exemption u/s 10

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(Querist)
03 December 2014 what is exemption u/s 10
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Amol S Joglekar

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Amol S Joglekar (Expert)
03 December 2014 There are various classes/types of income which are GIVEN as exempt by the Income Tax Act.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
03 December 2014 it means those included in this sec 10 all such income shall not be taxed and not be taken in to calculation for total income.



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Amol S Joglekar

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Amol S Joglekar (Expert)
03 December 2014 http://www.incometaxindia.gov.in/Pages/acts/income-tax-act.aspx

you may follow this link to find out how big the list is. CLick on section 10

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