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Amount received as Nominee

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student
140 Points Joined June 2013
The amount received as Nominee if its not taxable then where to declare it in ITR form and does one need a certificate from the bank citing the same ???
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On 01 May 2024 at 11:56 Report
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SEO Sai Gr. Hosp.
211539 Points Joined July 2016

Declare it under schedule EI.

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On 04 May 2024 at 21:02
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student
140 Points Joined June 2013
Exempted income in ITR3 thank you. under what section does this come ?
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On 06 May 2024 at 22:17
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SEO Sai Gr. Hosp.
211539 Points Joined July 2016

Sec. 56(2)(x) of I T act, 1961.

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On 07 May 2024 at 11:15

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