Choose the correct statement
A. All Exempted income are fully exempt for all assessee
B. All types of incomes are exempt for trade unions.
C. Exempted income have no role in calculation of tax liability
D. Exempted income like agriculture income may be integrated with non-agriculture income in order to determine tax liabilities
Answer:D
Choose the correct statement
A. All Exempted income are fully exempt for all assessee B. All types of incomes are exempt for trade unions. C. Exempted income have no role in calculation of tax liability D. Exempted income like agriculture income may be integrated with non-agriculture income in order to determine tax liabilities