Non-taxable income is income that is devoted to a specific purpose the economic benefits derived from activities that are not for-profit in nature or origin  income that is not taxable and is not part of the taxable income amount.Such as financial allocation, administrative charges and so on.Tax-exempt income is an important part of taxpayers' income, but the tax benefits that the state gives to the economic benefits of certain projects in order to achieve some economic and social goals,but it is possible to restore taxed income over a period of time.
incorrect?
According to state regulations, companies whose annual net income from technology transfer is less than 300,000 yuan are temporarily exempt from income tax, so this part of income is tax-exempt income