Businesswonder.com - Home Page

Income Tax Exemption under Section 10(20) of Income Tax Act, 1961

 

Eligible Assessee

Income of panchayat, municipality, municipal committee, district Board or cantonment board

 

 

 

Nature of Income

Income from house property, capital gains, from trade or business and income from other sources

 

Amount Exempt

Entire amount

 

Conditions laid down for Tax Exemption
1. income from trade or business should accrue

HOME  About Us   Contact Us   Disclaimer   Privacy Policy