What kind of incomes (agricultural, other?) are not taxable in india?
Are there any special category of people (freedom fighters, politicians, MPs, MLAs) who cannot be taxed?
2006-07-10 01:47:01 · 3 answers · asked by AnswerGuy 2 in Business & Finance ➔ Taxes ➔ India
Kindly open the site : http://www.taxmann.net/DispCitation/ShowPages.aspx?fn=http://www.taxmann.net/Directtaxlaws/Act2006/section10.htm. It gives details of exempt incomes. Mps/MLAs allowances to some extent ate tax free under section 10(17).
2006-07-11 22:51:00 · answer #1 · answered by PK LAMBA 6 · 1⤊ 1⤋
There is a list of incomes which are not taxable in india.
But the list is really very big, you can get it in Sec.10 of indian income tax act.
2006-07-11 06:10:46 · answer #2 · answered by apurav a 3 · 0⤊ 0⤋
Maybe they can tell you at http://in.answers.yahoo.com/ which is Indias version.
2006-07-10 08:51:02 · answer #3 · answered by Anonymous · 0⤊ 0⤋