Which of the following income is / are exempt from tax?

A. Payments received from family income by a member of a HUF

B. Share of profit received by a partner of a partnership firm.

C. Any income of an educational institution and hospitals

D. All of the above

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  1. The Income Tax Act 1961 came into force on
  2. Contribution to superannuation fund is
  3. The TDS Certificate issued by an employer to his employees in case of salary income is
  4. Expected Rent can be determined in the following way
  5. Which one of the following taxes is not levied by the State Government?
  6. The aggregate income of Mr. Tanmoy under the different heads of income is Rs.1, 50,000. He will get…
  7. House Rent Allowance is exempt from tax
  8. The aggregate amount of deductions under chapter VI-A can not exceed
  9. The Income Tax Act, which is still in force in India, was enforced in
  10. Uncommuted pension received by a Government employee is fully exempt from tax.
  11. For the purpose of Fringe Benefit Tax, the term 'Employer' does not include
  12. Any receipt of casual and non-recurring nature is known as casual income
  13. YoungStars, a club, lets out its furnished rooms solely to its members on regular basis. The income…
  14. The rates of income tax are specified in
  15. Acceleration of income will not be clubbed with the income of the assessee who transfers such income…
  16. The taxable Income computed should be rounded off to the nearest multiple of Rs.10.
  17. Income received or deemed to be received in India (whether accrued in or outside India) is taxable in…
  18. Sale of agricultural land on 1st April, 1970 is an example of transfer of capital asset.
  19. Sec. 234A deals with
  20. No interest is available if the amount of refund of income tax paid is less than
  21. The first income tax act was introduced in the year
  22. If both parents are earning then income of a minor child will be clubbed with
  23. A company is considered to be resident if
  24. Mr. X has started has business from 1st Sept '05,and does not have any other source of income. His first…
  25. For a senior citizen the amount of deduction U/s 80D available is
  26. According to Section 2(7) of Income Tax Act "Assessee" means
  27. PAN is necessary for the following assessees -
  28. Which of the following income is / are exempt from tax?
  29. Tax on fringe benefit has been introduced from the assessment year
  30. Mr.Karan Kapoor's Taxable Income is Rs.10,00,000. The tax amount will be