Crop insurance claim received taxable under which section
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 July 2014
crop insurance claim received in current year taxable under income from other sources or under the head agriculture income.
whether it is taxable income as per income tax pls provide under which section crop insurance claim received is taxable or exempt
whether it is taxable income as per income tax pls provide under which section crop insurance claim received is taxable or exempt
15 July 2014
it is taxable as income from other source........
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 July 2014
sir pls provde the income tax section under which it is taxable
and thanks for reply
and thanks for reply
15 July 2014
u/s 56 it is taxable............................
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