Being a Sikkimese, which of the following income accrues or arises to him would exempted under Income Tax Act, 1961 ?

Correct option is D

Correct Answer:

(d) All above

Explanation:

Under Section 10(26AAA) of the Income Tax Act, 1961, a Sikkimese individual is exempt from paying tax on:

1. Income from any source in the State of Sikkim
2. Income by way of dividend
3. Income by way of interest on securities

Since all these incomes are covered under the exemption, the correct answer is (d) All above.