Section 10(1) to 10(10D) - Incomes not included in total income [Clause (1) to Clause (10D)]

Section 10: Categories of income excluded from total income including agricultural, gratuity, pensions, non-resident investment receipts and life insurance

Section 10 lists categories of income excluded from total income, including agricultural income; sums paid from Hindu undivided family or impartible estate; partner's share from a firm separately assessed; specified interest and investment incomes for non-residents (including certain government bonds, NRO/NRE accounts, savings certificates, IFSC transactions, specified funds, offshore derivatives and leasing receipts); employer travel concessions for Indian citizens; various exemptions for non-resident officials, consultants and their families under approved international or bilateral programmes; gratuity, pension commutation, leave encashment and retrenchment compensation within prescribed limits; disaster and specified VRS/voluntary separation receipts; and life insurance proceeds subject to premium and policy-type conditions.