Indian Shooter Wins Tax Exemption on Awards u/s 56 of Income Tax Act; Recognized as Non-Taxable Income.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Income from other sources u/s 56 - Taxability of Awards for Sportsmen - assessee has received various awards - Indian professional shooter - benefit of exemption allowed.....