Please Help: taxation rules in sikkim
Posted Date : 06-Sep-2013 , 02:45:17 pm | Posted By: Bishal
Category :
Income Tax | Answers :
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hello everyone. please let me know about the taxation system in sikkim?? |
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Answers:
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 Answer by: SUBHASH KUMAR JHA |
| We can say Sikkim as a Tax free state of India.....
Any Income other than dividend derived by Sikkimese Individual from the a Sate of Sikkim is fully exempt under Sec 10(26AAA)
And dividend income from indian company or UTI received from anywhere is exempted under section 10(34)
Sikkimese Individual is a person whose name is being recorded in the register maintained by State of Sikkim...
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