Section - 10(43) (of Income Tax Act, 1961), Income-tax Act.

Section - 10(43) (of Income Tax Act, 1961), Income-tax Act.

Income Tax

Incomes not included in total income.

Any amount received by an individual as a loan, either in lump sum or in instalment, in a transaction of reverse mortgage referred to in clause (xvi) of section 47 (of Income Tax Act, 1961);