Tax exemption for reward received by medal winners.

Reward whether in Cash or kind received by medal winner from the central or state government, has been exempt for income tax. This notification was issued by the CBDT on the 28th of January, effective from the issue date. Please click here to view the original notification. _____________________________________________________________________________________________ Feel free to write to us,at [info@taxmantra.com] or call us at +91 88208208 11.