Q.

Salary of MP/MLA/MLC is taxable under which head?   

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a

Other sources

b

None of the above

c

Business / Profession

d

Salary

answer is B.

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Detailed Solution

MP, MLA, and MLC Incomes are taxable under the Income from other sources. A Member of Parliament is not an employee of Govt & therefore, the Salary received by him as a Member of Parliament/Member of the assembly shall not be chargeable to tax under the head 'Salaries'.

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