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income tax exemption for cash credit account

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 November 2009 I would like to know what is the exemption in income tax if a person has cash credit account? and if income tax is applicable on the same is it regular income tax?
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M Prabhakar Menon

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M Prabhakar Menon (Expert)
10 November 2009 Where did u get this idea ?
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Rahul Vora

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Rahul Vora (Expert)
10 November 2009 Do you generate any income from a Cash Credit Account ???
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