TMI BlogITAT Rules Trade Union Settlement Receipts Not Taxable, Exempt Under Income Tax Act Sections 2(24) and 10(24.Income u/s 2(24) / Exemption u/s 10(24) - receipt by the trade Union for settlement on behalf of member worker - ITAT in the present case wrongly rejected the ratio of the decision of the ITAT in an Identical case - Additions deleted. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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