Section 10 2

Section 10 2a profit sharing from partnership farm.

Section 10 2. A permits 1 the secretary may permit under such terms and conditions as he shall prescribe a any act otherwise prohibited by section 9 for scientific purposes or to enhance the propagation or survival of the affected species. A in introductory provisions substituted in any for in either redesignated former subsecs. Endangered species act section 10.

101 552 designated existing provisions as subsec. According to section 10 2 the profit which is earned by a co owner is exempted from tax in the other co owners. The ownership of impartible estate through belongs to the joint family but the income therefrom belongs solely and absolutely to the holder of the estate.

View a brief presentation about this section of the act or download the transcript or audio. 102 354 substituted section 580 for section 590 and section 572 for section 582. Let s go through the benefits offered under this section.

Any sum received by a co parcener from hindu undivided family h u f section 10 2 as per section 10 2 amount received out of family income or in case of impartible estate amount received out of income of family estate by any member of such huf is exempt from tax. New york city special patrolmen appointed by the police commissioner pursuant to subdivision c or e of section 434a 7 0 or subdivision c or e of section 14 106 of the administrative code of the city of new york.