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Agriculture Income: - Any Income earned by any Asseessee on sale of Agriculture produce or Income derived from renting Agriculture Land for Agricultural Activities shall be fully Exempted from Income Tax. However agriculture Income is included in Total Income of Asseessee for ascertaining slab Applicable to Assessee if Agriculture Income exceeds Rs. 5000 and Non - Agriculture Income doesn't exceed maximum Exemption limit available to asseessee. 65% of Income earned by Assessee from growing and Manufacturing of Rubber will be Exempted from Tax, 75% of Income earned by Asseessee from sale of coffee grown and cure in India , 60% of Income earned by Asseessee from sale of coffee grown, roasted and grounded in India and 60 % of Income earned by Asseessee from sale of tea grown and manufactured in India.

Inform earned by Memeber of HUF: - Any share of Income from Hindu Undivided Family (HUF) by any member of HUF shall be exempted from tax.

Share in Partnership's Profit: - Any Income earned by Partner in form of Share in Profit of Firm shall be fully exempted from Income Tax.

Income from Interest on NR (E) Account: - Any Income earned by Non Resident Assessee by way of Interest on Non Resident External Account shall be fully exempted from Income Tax.

Remuneration to Foreign Diplomatic: - Any Income Earned by Foreign Diplomatic in form of Remuneration from Government while doing Job and residing in Foreign Country shall be fully exempted from Income Tax.

Royalty or Fees for Technical Services: - Any Fees or Royalty Received by Foreign Company for Technical Services provided to Indian Government or Indian Concern shall be fully exempted from Income Tax if Tax will be paid by Government or Such Indian Concern.

Allowance Received outside India by Government Employees: - Any Allowances or Perks Received by Government Employee shall be fully exempted from Income Tax.

Life Insurance Policy: - Any amount received by Individual or Hindu Undivided Family (HUF) in form Maturity Value, Bonus or Claim shall be fully exempted from Income Tax.

Compensation for Disaster: - Any Compensation Received by any Individual for loss by any Disaster from Central or State Government Shall be fully Exempted from Income Tax.

Amount Received from Public Provident Fund: - Any money received by any Individual or Hindu Undivided Family (HUF) from Public Provident Fund shall be fully Exempted from Income Tax.

Long Term Capital Gain: - Any Long Term Capital Gain arises on Sale or Transfer of Securities through Recognised Stock Exchange and Securities Transaction Tax (STT) is paid then such Long Term Gain up to Rs. 1 Lakh shall be fully exempted from Income Tax.

Dividend Received from Domestic Company: - Any Dividend Received by any Individual on Investment made in Shares of Domestic Company shall be fully exempted from Income Tax up to Rs. 10 Lakh.

Income on which Equalisation Levy is charged: - Any Income Earned by Online Advertisement Service Providers who does not any permanent establishment in India shall be exempted from Income Tax if Equalisation Levy is charged by Service.

Income Received form New Pension Scheme: - Any Income Received by an Assessee from New Pension Scheme shall be fully exempted from Income Tax.

 Income from an International Sports Events in India: - Any Person notified by Central Government earns Income from an International Sports Events shall be fully Exempted from Income Tax.

Capital Gain on Compulsory Acquisition of Agriculture Land: - Any Capital Arises on Compulsory Acquisition of Urban Agriculture Land.

Capital Gain on Transfer or Sale of Rural Agriculture Land: - Any Long Term or Short Term Capital on Sale or Transfer of Rural Agriculture Land shall be fully exempted from Income Tax.

Income Distributed by Securitisation Trust: - Any Income earned by any Assesse on Distribution of Income by Securitization Trust shall be fully exempted from Income Tax.

Income on Buy Back of Shares by Unlisted Company: - Any Income earned by any type of assessee on buy back of Shares by an Unlisted Company shall be fully exempted from Income Tax.

Income Earned by Co – Operative Society for Scheduled Castes or Schedules Tribes: - Any Income earned by any Co –operative Society which is formed or established for promotion of the Interest of the members of Scheduled Castes or Scheduled Tribes shall be fully exempted from Income Tax.

Income Earned in State of Jamu and Kashmir: - Any Income earned by any Assessee in the state of Jamu and Kashmir shall be fully exempted from Income Tax.

Income earned by Employee’s State Insurance (ESI) Fund: - Any Income earned by Employee’s State Insurance shall be fully exempted from Income Tax.

Income earned by Provident Fund, Gratuity, and Superannuation Fund: - Any Income earned by Provident Fund, Gratuity, and Superannuation Fund shall be fully exempted from Income Tax.

Divided received from Business Trust: - Any Divined Income received by Unit Holders of Business Trust shall be fully exempted from Income Tax.

Income in form Rent by Real Estate Investment Trust: - Any Rental Income earned by any Real Estate Investment Trust shall be fully exempted from Income Tax.

Income earned by Specified News Agency: - Any Income earned by any Central Government Notified News Agency had set up in India shall be fully exempted from Income Tax.

Family Pension Received by Army Persons: - Any amount Received in form of Family Pension by family member of armed personnel including Para military force shall be fully exempted from Income Tax.

Note: - Family Members includes widow of armed force, Children of Armed Personal and Nominated Heirs of such person.

Educational Scholarship Received: - Any Money Received in form of educational Scholarship shall be fully exempted from Income Tax.

Allowances Received by Member of Parliaments (MPs) and Member of Legislation (MLAs): - Any Daily Allowance or Any Constitutional Allowances received by any Member of Parliament (MPs) or Members of Legislation (MLAs) shall be fully exempted from Income Tax.

Income Earned in Indian Currency on Sale of Crude Oil: - Any Income earned in Indian Currency by any Foreign Company on sale of Crude Oil or Sale of Notified Goods or Services shall be fully exempted from Income Tax.