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Any receipt of casual and non-recurring nature is known as casual income

A. True

B. False

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  2. The taxable Income computed should be rounded off to the nearest multiple of Rs.10.
  3. Income of minor child, if clubbed with income of parents, is exempt from tax up to
  4. Any receipt of casual and non-recurring nature is known as casual income
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  17. House Rent Allowance is exempt from tax
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  26. Income Tax Act 1922 is a "milestone" because
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