Sec-10 exemptions

what are main sec-10 exemptions on calculating total income
Replies (8)
Quick Summary
This discussion clarifies various exemptions available under Section 10 of the Income Tax Act 1961 when calculating total income. It highlights common exemptions such as agricultural income, PPF interest, SEZ benefits, and scholarships. While a comprehensive list is extensive, the provided examples offer a good starting point for understanding what income might be tax-exempt.

It is a big list. you have to refer to the section. it is there on this app
The main we used to look after
Agriculture income, dividend income {upto march 20 } ,SEZ , ppf interest etc
There are many main Sub-Sections under Section 10 of the INCOME TAX Act 1961, regarding Exemptions. It will be convenient for us if you specify the type of Exemption you want.

Some Examples are :

Section 10(1) : Agricultural Income EXEMPTED.
Section 10(2) : HUF Profits EXEMPTED.
Section 10(2A) : Partner's share in the firms Income EXEMPTED.
10(5) : Value of LTC.
10(11) : Amt received from PPF ( both Principal as well as Interest portion ).
10(11A) : Amount withdrawn/Interest accrued from Sukanya Samriddhi A/c EXEMPTED.
10(15) : Interest on Post Office Savings Bank shall be EXEMPTED to the extent of Rs. 3,500 in case of Individual Account and Rs. 7,000 in case of Joint A/c.
10(16) : Scholarships granted to meet the cost of education is EXEMPTED.
10(35) : Interest/Dividend from Approved Mutual Fund/UTI is Fully EXEMPTED.

( NOTE : The above list is just an example for your information. There are many Exemptions. )
Very Well Explain Mr Shivam RC...
I appreciate Your effort...

Keep it up...

GOOD LUCK...
Sec 10 (13A ) left out..
many other sections left out..
@ Sabyasachi Mukherjee Sir,

Why only Section 10 (13A ) ??? Many sub-sections have been left out. And I have clearly mentioned 2 times in my reply that these are just examples for your information. Since the querist did not mentioned for any specified Exemption, i gave him few common examples of Section 10 Exemption.

Read the reply Sir before posting any comments.

Regards.
Ok that's better

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