whether the honurarium received by Chairman of Board of Director of a Government Company is Taxable or not?
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Honorarium taxable or not
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In my opinion honorarium is taxable since there is no specific exemption for it u/s 10 so it will be taxable and will be taxable u/h income from other sources , reason being it is being given for some additional achievement and not for the purpose of job which is being assigned , if it is given for job assigned it will get taxable u/h income from salary.
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