List of Exempted Income Under Section 10 of Indian Income Tax Act

Section of the Income Tax Act, 1961 deals with exempted incomes which is a long list as below:
1. Agriculture Income [Section 10(1)]
2. Amount received out of family income, Hindu Undivided Family (H.U.F.)
[Section 10(2)]
3. Share of profit form a partnership firm, [Section 10(2A)]
4. Interest paid to Non-Resident [Section 10(4)(i)]
5. Interest to Non-Resident on Non-Resident (External) Account
[Section 10(4) (ii)]
6. Interest paid to a person of Indian Origin and who is Non-Resident
[Section 10(4 B)]
7. Leave Travel Concession or Assistance [Section 10(5)]
8. Remuneration or Salary received by an individual who is not a citizen of
India [Section 10(6)] a. Remuneration [U/s 10(6)(ii)] b. Remuneration
received as an employee of foreign enterprise [U/s 10(6)(vi)] c. Employment
on a foreign ship [U/s 10(6)(viii)] d. Remuneration received by an employee
of foreign government [U/s 10(6)(xi)]

List of Exampted Income U/S 10

9. Tax paid by Government or Indian concern on Income of a Foreign
Company [Section 10(6A), (6B), (6BB) and (6C)]
10. Perquisites/Allowances paid by Government to its Employees serving
outside India [Section 10(7)]
11. Employees of Foreign Countries working in India under Cooperative
Technical Assistance Programme [Section 10(8)]
12. Income of a Consultant [Section 10(8A)]
13. Income of Employees of Consultant [Section 10(8B)]
14. Income of any member of the family of individuals working in India under
cooperative technical assistance programmes [Section 10(9)]
15. Gratuity [Section 10(10)] a. Gratuity received by Government servants
[Section 10(10)(i)] b. Gratuity Received by a Non-Government Employee
covered by Payment of Gratuity Act, 1972 [Section 10(10)(ii)]
16. Commuted value of Pension Received [Section 10(10A)]
17. Amount received as Leave Encashment on Retirement [Section 10(10AA)]
18. Retrenchment Compensation received by Workmen [Section 10(10B)]
19. Payment received under Bhopal Gas Leak Disaster (Processing of Claims)
Act 1985 [Section 10 (10BB)]
20. Compensation received in case of any disaster [Section 10(10BC) ]
Retirement Compensation from a Public Sector Company or any other
Company [Section 10(10C)]
21. Tax on Non-monetary Perquisites paid by Employer [Section 10(10CC)]
22. Amount received under a Life Insurance Policy [Section 10(10D)]
23. Statutory Provident Fund [Section 10(11)]
24. Recognized Provident Fund [Section 10(12)]
25. Superannuation Fund [Section 10(13)]
26. House Rent Allowance-HRA [Section 10(13A)]
27. Business Expenditure Allowance [Section 10(14)]
28. Interest Incomes [Section 10(15)]
29. Scholarship [Section 10(16)]
30. Allowance of M.P./M.L.A.I or M.L.C. [Section 10(17)]
31. Awards Instituted by Government [Section 10(17A)]
32. Pension received by certain winners of gallantry awards [Section 10(18)]
33. Family pension received by family members of armed forces including
para military forces [Section 10(19)]
34. Income of a Local Authority [Section 10(20)]
35. Income of Scientific Research Association [Section 10(21)]
36. Income of a News Agency [Section 10(22B)]
37. Income of some Professional Institutions [Section 10(23A)]
38. Exemption of Income Received by Regimental Fund [Section 23AA] a.
Income of a Fund set-up for the welfare of employees or their
dependents [Section 10(23AAA)] b. Income of a pension fund set up by
LIC or other insurer [Section 10(23AAB)]
39. Income of State Level Khadi and Village Industries Board [Section 10
(23BB)]
a. Income of certain Authorities set up to manage Religious and
Charitable Institutions [Section 10(23BBA)]
b. Income of European Economic Community [Section 10(23BBB)]
c. Income of a SAARC Fund for regional projects [Section 10(23BBC)]
d. Any income of Insurance Regulatory and Development Authority
[Section 10(23BBE)] e. Income of Prasar Bharti [Section 10(23BBH)]
40. Any income received by a person on behalf of following Funds [Section
10(23C)]
41. Income of Mutual Fund [Section 10(23D)]
42. Exemption of income of a securitization trust [Section 10(23DA)j [w.e.f.
A.Y. 2014-15]
43. Income of Investor Protection Fund [Section 10(23EA)]
44. Exemption of income of investor protection fund of depository [Section
10(23ED)] [w.e.f. A.Y. 2014-15]
45. Exemption for Certain Incomes of a Venture Capital Company or
Venture Capital Fund from Certain Specified Business or Industries
[Section 10 (23FB)]
46. Income of Registered Trade Unions [Section 10(24)]
47. Income of Provident and Superannuation Funds [Section 10(25)]
48. Income of Employee’s State Insurance Fund [Section 10 (25A)]
49. Income of Schedule Tribe Members [Section 10(26) and 10(26A)]
50. Income of Sikkimese individual [Section 10(26AAN] (With retrospective
effect from 1-4-1990)
51. Regulating the marketing of agricultural produce [Section 10[26AAB]
52. Income of a corporation set-up for promoting the interests of Scheduled
Castes, Scheduled Tribes or Backward Classes [Section 10(26B)]
53. Income of a corporation set-up to protect the interests of Minorities
[Section 10(26BB)]
54. Any income of a Corporation established for Ex-Servicemen [Section 10
(26BBB)]
55. Income of cooperative society looking after the interests of Scheduled
Castes or Scheduled Tribes or Both [Section 10(27)]
56. Any income accruing or arising to Commodity Boards etc. [Section 10
(29A)]
57. Amount received as subsidy from or through the Tea Board [Section 10
(30)]
58. Amount received as subsidy from or through the concerned Board
[Section 10(31)]
59. Income of Child Clubbed U/s 64 (IA) [Section 10(32)]
60. Income by way of dividend from Indian company [Section 10(34)]
70. Exemption of income to a shareholder on buyback of shares of unlisted
company [Section 10 (34A) [w.e.f. A.Y. 2014-15]
71. Exemption of income from Units [Section 10(35)]
72. Exemption of income from Securitization Trust [Section 10(35A)] [w.e.f
A.Y. 2014-15]