Accountancy, asked by preeti5844, 1 year ago

Discuss in detail any ten incomes which are neither
included in total income nor income tax is payable
on them.​

Answers

Answered by Abhinand1
1
  1. agricultural income
  2. income of HUF
  3. share of profit from partnership firm
  4. leave travel concession
  5. house rent allowance
  6. uniform allowance
  7. interest income
  8. allowance for serving in the underground mines
  9. allowances given to armed forces
  10. allowance dor the education of children

Note:- for details please refer section 10 to section 13A of Income tax Act 1961.

you can access income tax Act directly from the official site of income tax www.incometaxindia.gov.in

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