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Taxability of income from sale of kidney..

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(Querist)
12 March 2013 if an individual earns an income of Rs. 25 lacs from sale of his/her kidney. what would be the tax implication? Will such income fall under the tax net.?

My knowledge says it is a personal moveable property and therefore not taxable. It will go untaxed .However, income from other sources is an area open to tax such a transaction. Would like to have expert view on this.

Regards,

Roshan Tiwari
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CA Suraj Lakhotia

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CA Suraj Lakhotia (Expert)
12 March 2013 Commercial dealings in human organs is prohibited The Transplantation of Human Organs Act, 1994.

As far as income tax angle is concerned, i really doubt the taxability of same.
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