exempt income

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hi sir ,
my client met an accident and he is received some 90000/- from insurance company
is it taxable income sir ? please tell me sir

thanks in advance
Replies (4)

No. ...  Its exempted under IT act.....

Yes...
It's exempted under Income Tax..
thanks sir
may I know the section sir please
where I can show 80 c or other ?
I think no need show it anywhere of the 80C column and Chapter ' VI-A... You can show it separately under exempted Income column..


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