National award money of rs. 25000/- received by a teacher
This query is : Resolved
16 June 2015
A teacher had received National Award from President of India and a cash money of Rs. 25000/-. Advise whether the cash money is exempt, if so under which Section or taxable under Income from Other Sources?
16 June 2015
This is exempt u/s 10(17A) of Income TAx Act
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16 June 2015
Agree with Mr. Dugal Patel
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