Business Studies, asked by abhi9399, 1 year ago

what do you understand by exempt income ​

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Answered by priyanshuranjan1204
2

Exemption means exclusion, i.e. if certain income is exempt from tax then it will not contribute to the total income of a person. The deduction is a concession, but Exemption is relaxation.

Answered by shana18
0

I am right give the answer for google

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