Incomes exempt from tax Incomes exempt under section 10

1. Agriculture income [sec 10.1] 2.Receipts by a member from a HUF [Sec10.2]..example 3.Share of profit from a partnership firm [sec 10.2a] 4.Casual and non recurring receipts [sec 10.3] 5.Interest to non-residents[sec 10 4, 4b] 6.Leave travel concession to an Indian citizen[sec 10.5] 7.Value of concessional passage to foreign national employee 8.Remuneration received by a foreign diplomat and other foreign nationals 9.Remuneration of a technician in India 10.Salary received by a ship’s crew 11.Remuneration of a foreign trainee 12.Exemption from tax paid on behalf foreign companies in respect of certain income 13.Tax paid on behalf of non residents/foreign companies in respect of other income

14.Technical fees received by a notified company 15.Foreign allowance 16.Income of a foreign govt. employee under cooperative technical assistance programmes 17.Remuneration or fees received by non resident consultants and their foreign employees 18.Income of a family members of an employee serving under a cooperative technical assistance programme 19.Gratuity 20.Pension and leave salary 21.Retrenchment compensation 22.Compensation received by victims Bhopal gas leak disaster 23.Compensation on account of any disaster 24.Payment from an approved public sector company and other entities at the same time of voluntary retirement 25.Tax on perquisite paid by employer 26.Amount paid on life insurance policies 27.Payment from provident funds

28.House rent allowance 29.Payment from an approved superannuation fund 30.Special allowances 31.Income received as exchange risk premium 32.Interest on securities 33.Lease rent of aircraft 34.Educational scholarship 35.Daily allowance of Members of parliament 36.Awards 37.Pension to gallantry award winners 38.Exemption of family pension received by the family members of armed forces 39.Former rulers of Indian States 40.Income of local authority 41.Income of housing authority 42.Income of Scientific research association 43.Income of educational institutions 44.Income of hospitals

45.Income of specifies news agencies 46.Income of games associations 47.Income of professional institution 48.Income received on behalf of Regimental Fun 49.Income of fund established for welfare of employees 50.Income of pension fund 51.Income from khadi or village industries 52.Income from khadi or village industries Boards 53.Income of statutory bodies for the administration of public charitable trust 54.Income of European Economic Community 55.Income of SAARC 56.Income of Insurance Regulatory Authority 57.Income of certain National funds, educational institutions and hospitals 58.Income of a mutual fund 59.Income of investor protector fund 60.Income of Venture Capital fund or venture capital company 61.Income of an infrastructure capital fund 62.Income of trade union

63.Income of provident funds 64.Income of Employees State Insurance fund 65.Income of a member schedule Tribe 66.Income of resident of Ladakh 67.Income of a “sikkimese” individual 68.Income of an agricultural produce marketing company 69.Income of National Minorities Development and Finance Corporation 70.Income of Ex-servicemen 71.Income of Minor 72.Subsidy received by planters 73.Capital gain on transfer of US Long term capital on transfer of listed equity shares 75.Income of notified non profit body

 Special provisions in respect of newly established undertakings in free trade zone  Special provisions in respect of newly established undertakings in Special Economic Zone  Special provisions in respect of newly established hundred per cent export oriented undertakings  Special provisions in respect of artistic hand made wooden articles