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

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  1. Contribution to superannuation fund is
  2. Sale of agricultural land on 1st April, 1970 is an example of transfer of capital asset.
  3. Any receipt of casual and non-recurring nature is known as casual income
  4. The amount of interest on borrowed capital allowable as deduction in case of a let out property is
  5. PAN is necessary for the following assessees -
  6. The Income Tax Act 1961 came into force on
  7. Income of a minor will not be clubbed with his/her parent's income if
  8. According to Section 2(7) of Income Tax Act "Assessee" means
  9. Which of the following statements is incorrect?
  10. The income of previous year of an assessee is taxed during the following assessment year
  11. If a self occupied property is converted into HUF property without adequate consideration then
  12. For the purpose of Fringe Benefit Tax, the term 'Employer' does not include
  13. Every employer should pay fringe benefit tax within
  14. The rates of Income Tax are specified in
  15. The TDS Certificate issued by an employer to his employees in case of salary income is
  16. Uncommuted pension received by a Government employee is fully exempt from tax.
  17. The taxable Income computed should be rounded off to the nearest multiple of Rs.10.
  18. Mr. X has started has business from 1st Sept '05,and does not have any other source of income. His first…
  19. House Rent Allowance is exempt from tax
  20. Acceleration of income will not be clubbed with the income of the assessee who transfers such income…
  21. The CBDT consists of
  22. Interest on capital, borrowed on 10.10.2000, for self-occupied property is deductible upto a maximum…
  23. Sec. 234A deals with
  24. The amount of taxable income is to be rounded off to the nearest multiple of Re.1 for income tax calculations.
  25. Which of the following income is / are exempt from tax?
  26. Which one of the following taxes is not levied by the State Government?
  27. Amit has received Rs.25,000 from his former employer as arrear salary of 2004-05 previous year, Rs.85,000…
  28. The first income tax act was introduced in the year
  29. If an assessee makes an absolute transfer of an asset without any consideration then any income from…
  30. Tax on fringe benefit has been introduced from the assessment year