Applicability of income tax
ramakrishnan (student) (26 Points)
05 November 2014ramakrishnan (student) (26 Points)
05 November 2014
CA Mitesh N Kothari
(9821662799)
(391 Points)
Replied 21 November 2014
It will be taxable under Income from other sources.
But since your total income is below exemption limit ie Rs 2,50,000/- therefore no Tax payable.
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