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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Income from Transferring Units Not Exempt u/s 10(35) of Income Tax Act.</h1> Income from the transfer of units is not exempt under section 10(35) of the Income Tax Act, which pertains to specific income exemptions and deductions. This section provides exemptions for certain categories of income, but the income derived from transferring units does not qualify for such exemptions.
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