Q.

Which section of the Income Tax Act exempted incomes have been mentioned?

A. Section 80C
B. Section 80DD
C. Section 10
D. Section 2
Answer» A. Section 80C
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Discussion

chandra sekar
1 year ago

Option A is wrong answer. Exempt Income under Section 10. Income that is non-taxable is called as exempt income. Under Section 10, there are different sub-sections that define what kind of income is exempt from tax. This can range from agricultural to house rent allowance
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