Interest received from post office saving bank account is -

Receipt of accumulated balance in PPF is -

1 ) Scholarship received by a student to meet cost of education is :

2) Student receives scholarship of Rs.25000 but spends only Rs. 13000 to meet the cost of education. The balance Rs. 12,000 is :

The share of profits from the firm received by an individual as a Partner shall be fully Taxable.

Casual income received by the individual is :

Income from dividend or interest on securities is fully exempt if accrues or arises to a Sikkimese individual.

Modi Ltd is a domestic company and Trump Ltd is a foreign company.

Case 1 )  Dividend received by Modi Ltd from Trump Ltd is

Case 2)  Dividend received by Trump Ltd from Modi Ltd is

Salary received by Member of Parliament is taxable.

Amount received under a Life Insurance policy exempt ( if conditions satisfy) u/s -

Compensation received from Reliance Ltd by individual(employee of Reliance Ltd) on account of natural disaster is :

Choose appropriate option.

As per section 10(19A) -

Capital gain arising from compulsory acquisition of urban agricultural land shall be :

Determine if following Income of registered political parties :

A) Income from House Property

B) Capital Gains

are taxable or exempt.

Maximum amount exempted u/s 10(10B) - Compensation on retrenchment.

Income from supply of water or electricity by a local authority outside its jurisdictional area  is -