Subsidy amount under the scheme pmay (clss)


This query is : Open 

24 April 2018 Sir,

I want to know that the if I purchase house under the scheme of pmay clss and I get the subsidy under this scheme. Then this amount is taxable under my income tax.

Please guide me sir.

Thanks in advance to all our experts.

24 April 2018 No... It's not taxable income. It's fully exempted.


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