Sir
I want to know that Jamnalal Bajaj Award for social welfare is exempted from income tax
Poorna
poorna chandra sastry (proprietor) (35 Points)
11 March 2016Sir
I want to know that Jamnalal Bajaj Award for social welfare is exempted from income tax
Poorna
shweta bhatter
(CA)
(173 Points)
Replied 11 March 2016
since the act is silent on this award specifically, I assume it is taxable.
Varun Sharma
(Proprietor-Sharma Varun & Co.)
(244 Points)
Replied 11 March 2016
I agree with Ms. Shweta
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