What is the term for income that is excluded from taxab - Practice (English) | ObjectiveMcq

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What is the term for income that is excluded from taxab - Practice (English) | ObjectiveMcq

PracticeBusiness ManagementCorporate TaxationWhat is the term for income that is...

Corporate Taxation Business ManagementEasy

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What is the term for income that is excluded from taxable income under the Income Tax Act, 1961?

Correct Answer:

(B) Exempt income

Explanation:

Exempt income

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