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Casual income

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08 May 2012 Basic Exemption (i.e. Rs. 180000) available on casual income which charge u/s 115BB (30%)
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Vishnu Bargoti

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Vishnu Bargoti (Expert)
08 May 2012 Basic exemption limit is not available in case of casual income. On casual income tax is always payable@ 30% even if total income is less than 1,80,000.

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