Income from opium
This query is : Resolved
26 December 2009
If the busniess of Opium is prohibited by law, can i claim exempt in income tax
26 December 2009
Illegal income is not exempt under income tax.
Income tax is tax on income. It has nothing to do with the legality of your business. Under Narcotic act it is prohibited.
Income tax is tax on income. It has nothing to do with the legality of your business. Under Narcotic act it is prohibited.
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