Exemption u/s 10(34) - If a certain income is exempt at the ...
Income Exemption Stays Valid u/s 10(34) Despite Payer's Tax Payment Failure, Unless Statute States Otherwise.
November 27, 2018
Case Laws Income Tax HC
Exemption u/s 10(34) - If a certain income is exempt at the hands of receiptant by virtue of statutory provision, unless a provision is made in the statute itself, such exemption cannot be withdrawn only because the payer has not paid tax.
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