Total income inclusion: income exempt under the cited sub part of Part A, Chapter XVII must be included in total income. Computation of total income requires inclusion of income that is not chargeable to income tax under the specified sub part of Part A of Chapter XVII; ... Summary
Total income inclusion: income exempt under the cited sub part of Part A, Chapter XVII must be included in total income.
Computation of total income requires inclusion of income that is not chargeable to income tax under the specified sub part of Part A of Chapter XVII; Clause 101 directs that such non taxable receipts be treated as part of the assessee's assessable aggregate for aggregation purposes.
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